Hot Reads: GBTC Expects ETF Conversion By Next July
Plus, T. Rowe Price acquires Oak Hill Advisors.
Compiled by ETF.com Staff
GBTC Exec Claims ETF Conversion Will Happen By July (Cointelegraph)
Grayscale’s head of ETFs believes the conversion from a nearly $40 billion trust to an ETF will happen over a nine-month timeline.
T. Rowe Price To Acquire Oak Hill Advisors For $4.2B (Institutional Investor)
T. Rowe is adding alternative investments to its business.
In The Middle Of Crisis, Facebook Inc. Renames As 'Meta' (Associated Press)
The tech ETF stalwart is renaming to emphasize a new tilt toward the metaverse.
Cathie Wood’s 'Value' Stock Picks (Yahoo Finance)
The ARK Invest head has sold off nearly $114 million in Tesla recently.
Why Schwab Isn’t Adding Crypto For Retail Users (RIABiz)
The brokerage is still waiting for more regulatory guidance despite the approval of two bitcoin-linked ETFs.
Choosing Between Correlation Diversification & Option Hedges (Disciplined Systematic Global Macro Views)
Diversification is the agnostic hedge, but investors may want to consider correlation and structural hedges.
Ownership Inequality In The Stock Market (A Wealth Of Common Sense)
The fact that equity ownership is tied up in the hands of so few means the wealth inequality gap will continue to widen.
