Bitcoin Futures ETF Debuts as Second-Highest Traded Fund Ever
At 9:30 a.m. Est on October 19, $ProShares Bitcoin Strategy ETF(BITO)$ launched on the the New York Stock Exchange (NYSE)— the first ever BTC (BTC) related fund available to U.S. investors. While some market participants have questioned the utility of the new product, it will offer people a new way to gain exposure to BTC via brokerage accounts.Shortly after the market closed, more than 23.9 million BITO shares traded, or nearly $1 billion based on the stock's closing price of $41.89, BITO had been the second-most heavily traded fund on record in a watershed moment for the crypto industry. The Securities and Exchange Commission (SEC) approved the new ETF as futures based, meaning they're derivative, based
SOFI: the world's leader of fintech and creativity🔥🔥🔥
Shares of$SoFi Technologies Inc.(SOFI)$ jumped out of the gate Monday, surging as much as 14.2%. As of 3:22 p.m. EDT, the stock was up 13.1%. The catalyst driving the digital financial services provider higherwas bullish commentary issued by a Wall Street analyst who began covering thestock. And in October 11, Morgan Stanley rated with an outperform rating and a new $25.00price target. Source: https://www.benzinga.com/stock/sofi/ratings WHO IS SOFI? As a "one-stop shop" for virtual banking, SoFi has gained popularity among young retail customers in recent years. It offers a wide range of financial services, including lending, cash management and investment solutions. The company is also courting ins
$Sea Ltd(SE)$ Classic accumulation phase unfolding on this tik. We climbed in yesterday with common and Nov calls financed thru our credit spread strategy. Thus lowering our break even considerably. Be patient on this one and watch the time and sales for large odd lot order entries at the bid...that is your accumulation underway. Then the tik pulls back a tad, shaking out some retail. Then another odd lot series of orders. It is coiling for a run.....patience patience patience. "The stock market is a device for transferring money from the impatient to the patient" – Warren Buffett
$Tesla Motors(TSLA)$ Today is 5 years since we took delivery of our first Tesla ever (out of 5), a 2016 Model X. We’ve made so many new friends through the Tesla community and will never buy another brand again. Proud to be a #Tesla owner.
$Lucid Group Inc(LCID)$$Tesla Motors(TSLA)$ common sense post Tesla is too high valuation isn't going to double or triple or anything like it....more likely to dropLCID is going to double, triple, quadruple the lot, for your own sake surely it's common sense to quit Tesla and come on over and make some big bucksI know people love Musk blah blah but just seems common sense to me
$SOS Limited(SOS)$ Chris Merritt and MOMO Khan are hinting at some positive news coming up this week, on the SOS FB page. No idea what it's about but they're excited about it. Given Chris' conservative nature on the FB page, I'd have to say, this should be interesting!
4 Augmented Reality Stocks To Watch As Facebook Unveils Its First Smart Glasses
As talks of the “metaverse” continue to surface among investors, opportunities within the stock market would naturally be a topic of interest. Hence, augmented reality (AR stocks are gaining traction. Many major tech companies such as Amazon.com (NASDAQ: $Amazon.com(AMZN)$ and Facebook(NASDAQ: $Facebook(FB)$ believe that the future of the internet will belong in the metaverse. This refers to a virtual world where lands, buildings, and names can be bought and sold. In this world, you could hang out with friends, attend concerts, and even shop together within the confines of your home. Naturally, for this to become a reality, we will require further advancement in the field of augmented reality. Well, Facebook laun
Is $NIO Inc.(NIO)$ still a start up?Or has it reached these milestones?5+ years in business - the company has spent five years working with the same clients and in the same market.1000+ paying customers - the company has found people willing to pay for its services and products. For truly high-value enterprise solutions, it may only take 100 customers to prove that their offering has real value.$50 million+ of annual revenue - the company is solving a real problem and the customers are paying it a substantial amount.100+ employees - the company has an impressive team. It has taken over most of the core functions that a fast-growing organization needs to scale.You be the judge.