SEC Chair Gary Gensler testifies during the House Financial Services Committee hearing titled "Oversight of the Securities and Exchange Commission," in Rayburn Building on Wednesday, September 27, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe Securities and Exchange Commission, lead by Chair Gary Gensler, is voting Wednesday on new...
Category: Investing
SEC chair gives in to a bitcoin ETF, but the hostility against cryptocurrency is still there
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC), during an interview in Washington, DC, US, on Thursday, July 27, 2023. Andrew Harrer | Bloomberg | Getty ImagesSecurities and Exchange Commission Chair Gary Gensler's statement on why the agency has approved the listing and trading of a group of...
Top Wall Street analysts pick these stocks for solid returns
Worries over the prospect of elevated interest rates for a longer time horizon linger on investors' minds, even as stocks reach fresh highs.Nonetheless, analysts remain focused on the bigger picture and are bullish on stocks that offer attractive long-term growth prospects. Investors can weigh the recommendations of Wall Street's top...
What will it cost you to buy a bitcoin ETF? Here are the cheapest and most expensive funds
Jonathan Raa | Nurphoto | Getty ImagesThe bitcoin exchange-traded funds launching Thursday after the SEC's long-awaited approval come at a wide variety of price points, with signs that a fee war is already underway.The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at...
One place you won’t find a bitcoin ETF: Jack Bogle’s Vanguard
Pavlo Gonchar | Lightrocket | Getty ImagesMore than a dozen financial firms are involved in new bitcoin exchange-traded funds that began trading Thursday, but one of the biggest fund issuers and money managers in the world still won't touch cryptocurrency.A Vanguard spokeswoman told CNBC that the asset management giant has...