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SCHWAB CRYPTO THEMATIC ETF Newsroom
Trending Stocks Amid Largely Steady Week for Wall Street
Lemonade, Crypto Firms Mara, Sezzle, SoFi Lead Weekly Financial Gainers
Michael Saylor Reveals MicroStrategy Is 'Making $500M A Day' With Bitcoin: 'May Very Well Be The Most Profitable Company In The US Growing The Fastest Right Now'
Bitcoin's Road To $100K: Why Thanksgiving, New SEC Policies, And Global Adoption Could Spark The Next Bull Run, According To This Portfolio Manager
"Bitcoin shadow stock" MSTR is extremely popular. Fund managers are calling it a "unique monster," while the etf is restricted in trading.
The fund manager of MSTR ETF MSTU, Tuttle, has always purchased derivative contracts through brokers. When he needed an exposure worth 0.1 billion US dollars, the three companies he collaborated with could only provide a total of 20 million US dollars. He had to turn to buying call options, and recently sometimes needs a 0.5 billion US dollar exposure.
US stocks closed | All three major indices rose for the entire week! The Dow Jones hit a new closing high, Tesla rose nearly 4%; cryptos concept stocks all rose, MSTR increased by over 6%.
Funds flowed out of technology stocks and into economically sensitive cyclical stocks. The Nasdaq fluctuated between gains and losses, dragged down by over 3% drop in Nvidia and 1.7% drop in Google Class A. The Dow Jones rose by about 1%, small caps rose by 1.8%, and Chinese concept stocks fell by 1.4%. The S&P 500 and Nasdaq accumulated gains of 1.7% for the week, the Dow rose by about 2%, Tesla rose nearly 10% for the week, and Super Micro Computer soared by over 78%, its best week ever. MicroStrategy, known as a 'Bitcoin whale', rebounded by 6% on Friday. Economic weakness pushed the Euro to a two-year low, while the US Dollar rose for the third consecutive week to a two-year high. Offshore Renminbi fell by over 200 points for the week to nearly a four-month low. US oil had its best two-month gain with a 6.5% increase for the week, gold rose by over 1% to surpass $2700, marking its best week in over a year with a 5.7% increase.
Robinhood's Gallagher Bows Out Of SEC Chair Consideration Under Incoming Trump Administration
Bitcoin Set for Weekly Rise of 8.3% as Crypto Frenzy Continues Post Trump's Win
Catalyst Watch: Robotaxi IPO, OPEC+, Holiday Shopping Data, and Movie Blockbusters
Watching Shares Of MARA Holdings; MicroStrategy Chairman Michael Saylor Posting On X, "$MARA Is a Company on the #Bitcoin Standard."
Robotics Is the Only Tech Sub-sector Not up Year-to-date
Jim Cramer Says 'Own Bitcoin, That's A Winner,' Crypto Community Scoffs: 'Pack Up Your Bags, Sell Everything'
How Is The Market Feeling About Bitdeer Technologies?
Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
10 Information Technology Stocks Whale Activity In Today's Session
Bitcoin ETFs Will See Hundreds Of Billions In Inflows, Analyst Predicts
Express News | "Elon Musk concept" strengthened, Tesla rose nearly 4%, DXYZ rose over 14%; Donald Trump concept stocks collectively rose, Phunware rose over 12%, microstrategy rose over 8%, Coinbase rose over 3%.
Solana Hits $264 Record High As ETF Filings, Regulatory Optimism Drive Market Momentum
Looking At Coinbase Glb's Recent Unusual Options Activity
4 Stocks to Watch on Friday: INTU, MSTR and More