ETF Boom Leaves Thematic Funds Behind

Jan.02 — Thematic ETFs, which focus on industries like robotics, blockchain or cannabis, closed 2019 with about $51 billion under management, just 1% more than the previous high point for assets reached 15 months earlier, according to data compiled by Bloomberg Intelligence. By contrast, the overall U.S. ETF industry has grown 20% during the same period and now oversees $4.4 trillion. Bloomberg’s Ritika Gupta has more on “Bloomberg Markets: The Close.” UCIALMKvObZNtJ6AmdCLP7Lg Source link

Bitcoin’s 9,000,000% Rise

Dec.31 — Emerging out of the ashes of the financial crisis, Bitcoin has proved to be the decade’s best-performing asset. The largest digital token, trading around $7,200 has posted gains of more than 9,000,000% since July of 2010. Bloomberg’s Eric Lam reports on “Bloomberg Markets: European Open.” UCIALMKvObZNtJ6AmdCLP7Lg Source link

Gold-Backed Cryptocurrency Aims To Tap Stablecoin Appeal

Nov.21 — In this week’s “Commodity-In-Chief” on “Bloomberg Commodities Edge”, Alix Steel talks with Danny Masters, chairman of CoinShares, which is betting that trading a digital gold asset linked to bitcoin may provide investors with a sense of security. The launch of the product, called DGLD, included $20 million of the digital metal tied to an offset of bitcoin’s blockchain, with each token representing a 10th of a troy ounce. UCIALMKvObZNtJ6AmdCLP7Lg Source link

"Bitcoin to $200k" – Bobby Lee

You saw Crypto Trader’s firsthand look from the Malta Blockchain Summit at Richard Heart questioning Craig Wright. Now we sit down with both of them plus hear from Pomp, Tim Draper, Bobby Lee and projects like Tezos, Zilliqa, and Malta based Chiliz making big waves on the Blockchain island. UCN9Nj4tjXbVTLYWN0EKly_Q Source link