The Securities and Exchange Commission (SEC) has given the green light to the New York Stock Exchange (^NYA) and Nasdaq (^IXIC) to begin listing exchange...
) to begin listing exchange-traded funds that hold ether, but has yet to give approval to money managers that want to issue the new funds.joins Morning Brief to discuss what is likely to happen next and sheds light on SEC Chair Gary Gensler 's recent comments.The next step, fund managers need approval from the agency before they can launch ETF products.So for more on this, we've got the person to bring us some clarity on this.
This decision coming roughly four months after the SEC approved Spot Bitcoin ETF for the first time after years of denying approval. As CCG speaking at a conference here in Washington early on Thursday morning, ahead of the order said that the SEC is very deeply committed to following the law and how courts interpret the law that the SEC had picked up formally on what the previous SEC chair Clayton was doing in this field around exchange traded products.
Shares of e-commerce software platform Shopify jumped 5.4% in the morning session after Goldman Sachs analyst upgraded the stock's rating from Neutral to Buy and raised the price target from $64 to $74. The new price target represents a 25% premium from where shares traded when the upgrade was announced.
If there is perhaps one growth stock that's just taken over in the last five years, it's this monster of an energy stock that has more room to run. The post Check Out This Soaring Stock, up 469% in 5 Years, With More Gains Likely to Come appeared first on The Motley Fool Canada.Asian shares were mostly lower Friday after Wall Street retreated following strong economic reports that raised the possibility of interest rates staying painfully high.
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