Incoming Vanguard CEO Won't Reverse Decision Not to Launch Bitcoin ETF
Submitted by Anonymous (not verified) on Wed, 05/15/2024 - 20:40The former BlackRock executive is replacing outgoing CEO Tim Buckley, effective July 8.
The former BlackRock executive is replacing outgoing CEO Tim Buckley, effective July 8.
Aimed at institutional investors, the systematic-based fund will seek to profit off uptrends in crypto markets while sidestepping the downtrends.
The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
The payments firm announced the news alongside its first quarter earnings report on Thursday afternoon.
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unex
Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.
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