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Showing posts with the label etfs

R. Kiyosaki warns ETFs are like ‘having a picture of a gun’

Robert Kiyosaki, American entrepreneur and writer, is once again urging investors to be cautious when exploring investment opportunities. Namely, in a July 25 post on X, the author of Rich Dad Poor Dad noted the limits of exchange-traded funds (ETFs), acknowledging their usefulness yet recommending more tangible assets. According to Kiyosaki, investment funds make the lives of average investors easier, likely alluding to their hands-off nature, but they are no substitute for holding the real thing, being, as he calls them, “paper assets.” “ETFs make investing easier for the average investor… so I do recommend them.… Yet an ETF is like having a picture of a gun for personal defense.” Gold, silver, and Bitcoin ETFs are all accessible options, the writer notes, especially in times of crisis, but only if you “know the differences, and how to use them.” BEWARE of PAPER I realize ETFs make investing easier for the average investor….so I do recommend ETFs for the ...

Dogecoin (DOGE) To Hit $1.05 During Altcoin Season?

Dogecoin (DOGE) is down this week after an impressive start to 2025, falling almost 13%. Entering next week though, the leading meme coin is expected to begin a resurgence in value. The token is gaining immense momentum and traction due to its association with Musk’s Department of Government Efficiency (D.O.G.E. With the Tesla chief assuming his official role as the head of the aforementioned department, the market has turned bullish for Doge, pushing the token to hit new highs. A new element in the cryptocurrency market is catching pace, with leading tokens being introduced as ETFs. Last week, Rex and Osprey submitted applications to launch Doge and XRP ETFs, and now Bitwise has joined the spree to launch a Dogecoin ETF. The firm has already filed for a potential DOGE ETF with the US SEC. If a DOGE ETF is launched, the meme coin could begin a monstrous surge that can ride out throughout 2025. Also Read: Dogecoin: $1000 Of DOGE Becomes $4 Million Today Another bullish development, or ...

BlackRock’s IBIT sets record $1.1 billion in daily inflows

IBIT’s new record comes as Bitcoin achieved a new all-time high of over $76,000 on November 7 Dary McGovern, COO of Bitcoin native Xapo Bank, said to CoinJournal that Bitcoin’s new record indicates a “broader shift in institutional confidence” seen by BlackRock’s record net inflows The 12 spot Bitcoin ETFs recorded a daily total net inflow of $1.38 billion, a new record since listing in January BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) set a new record for inflows, reaching $1.12 billion, topping its previous record of $872 million. The new record was noted on SoSoValue and comes when Bitcoin reached an all-time high of $76,677 across major exchanges on November 7. Earlier in the week, Bitcoin broke a new all-time high of $75,317 as voting results signalled a Donald Trump win for the White House. BlackRock’s IBIT net assets now account for $34.29 billion, significantly pushing it ahead of it...

Best Crypto to Buy Right Now August 13 – Aave, THORChain, Injective

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As interest in crypto continues to grow within traditional finance, the increasing ease with which market participants can add crypto to their portfolios is poised to have a significant impact. This rapid development highlights the rising importance of digital assets in investment strategies. This trend is already evident, as many crypto-based ETFs have been announced. Several other crypto ETF proposals are awaiting regulatory approval, including Solana ETFs and diversified options like the Hashdex Nasdaq Crypto Index ETF. Moreover, if these developments proceed, digital assets will become even more integral to the investment landscape. In light of this, investors search daily for the best crypto to buy right now for potential gains. Best Crypto to Buy Right Now Aave demonstrates a strong trading presence with a market cap of $1.43 billion and a 24-hour trading volume of $394.54 million. Meanwhile, Celestia is gearing up for its first major update, Lemongrass, which will introduce ...