After Bitcoin ETFs, Are More Crypto Funds Next?

WSJ What’s News

The Wall Street Journal

News, Daily News

4 • 4K Ratings

🗓️ 27 February 2024

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Feb. 27. Following the SEC’s January approval of U.S. exchange-traded funds that hold bitcoin, a slew of Wall Street firms have applied to launch other crypto funds holding a smaller and more volatile asset. WSJ reporter Vicky Ge Huang explains the prospects for spot ether ETFs. Plus, President Biden urges lawmakers to avoid a looming government shutdown. And Canada proposes forcing social-media platforms to remove harmful content. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Support for this show comes from SoFi Invest.
0:03.0	Alternative investments are now available on SoFi.
0:06.0	Unlocked the potential to build and protect your wealth,
0:09.0	with all its including real estate, venture capital, pre-IPO Unicorns, and more at sofi.com slash W-SJ.
0:16.4	Active investing products offered through sofi securities LLC member Finra-SIPC.
0:21.8	Alternative funds have unique risks including the risk of loss, may charge high fees, can be a liquid,
0:26.9	and may not be suitable for all investors.
0:29.3	Prior to investing in any fund, carefully consider the investment objectives risks charges
0:33.7	expenses and important information contained in a fund's
0:36.6	prospectus.
0:37.6	President Biden urges lawmakers to avoid a looming government shutdown.
0:46.3	Plus, after the hot start for newly approved Bitcoin EDFs,
0:50.9	are other crypto funds next.
0:53.2	Some analysts believe that because we already have spot Bitcoin ETS,
0:58.5	it's very likely that these spot ether EDFs will be approved.
1:03.1	That is more of a matter of one, not if.
1:06.8	And Canada proposes forcing social media platforms
1:10.6	to remove harmful content.
1:12.8	It's Tuesday, February 27th.
1:15.0	I'm Luke Vargas for the Wall Street Journal,
1:17.2	and here is the AM edition of What's News.
1:20.3	The top headlines and business stories
	...

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