Yes, the company that once whispered sweet nothings into the ear of cryptocurrency traders now wants to build an army of humanoid robots. It’s like discovering your local baker secretly moonlights as a dragon trainer. Unexpected, but oddly plausible.
Both funds aim to capture the U.S. tech sector, but they do it like siblings arguing over chores. XLK is the perfectionist who only cleans the room it lives in; IYW is the one who tidies the whole house but forgets to vacuum the corners.
Bitcoin saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. A week so bad, even a goldfish would’ve thrown in the towel. 🐟📉
Both the SPDR Portfolio S&P 500 ETF (AMEX: SPLG) and the SPDR S&P 500 ETF Trust (SPY +0.00%) are designed to mirror the S&P 500 Index, providing investors with broad exposure to U.S. large-cap stocks. SPLG may appeal to cost-conscious investors, while SPY’s deep liquidity and long track record could attract those prioritizing seamless trading or institutional-scale assets. I once tried to explain this to my sister over coffee, only to have her ask, “So which one has the better dividend yield for a toaster?” A valid question, if you think about it.
BOSUN Asset Management, LLC recently filed with the SEC that it sold all 69,858 shares of GeneDx Holdings Corp. (WGS +0.26%)-a tidy $6.45 million exit. For a fund that once held it at 1.9% of its AUM, this feels less like a panic sell and more like a polite thank-you for a ride that never included a seatbelt. Or dividends. Or any real sense of financial security.
One analyst, no doubt armed with a monocle and a penchant for melodrama, has declared a critical condition for this miraculous revival. Pray tell, what could it be? A sacrifice to the gods of blockchain? A séance with Satoshi Nakamoto? Alas, it is merely a matter of price movement, how dreadfully mundane. 🧐
November was basically their “hot girl summer,” but in winter. Brr. ❄️ Details below, because who doesn’t love a good crypto gossip?
The new guidance, released just in time for the holidays, lets issuers wave a magic wand (Section 8(a)) and vanish their delays. During the government shutdown, crypto ETFs apparently took a holiday too, but now they’re back, grumpy and ready to cause chaos.
On its debut day, the fund pulled in a jaw-dropping 245 million dollars. That’s more than a toddler’s allowance, but less than a billionaire’s coffee habit. For comparison, BlackRock’s IBIT got 111.7 million, and Bitwise’s BITB hit 237.9 million. Oh, and the ETF didn’t even need a nap. 🤯💸
The Hedera Foundation has revealed a most auspicious event today. The industry’s preeminent tokenized Bitcoin, WBTC, has graced the robust Hedera network. This integration has been achieved thanks to a rather illustrious team, including Hedera Council member BitGo, BiT Global, and the ever-efficient LayerZero. This collaboration opens the doors to a flourishing DeFi ecosystem that finds its home in the ever-expanding Hedera network.
