In a bold move that could reshape U.S. ETF dynamics, Volatility Shares has filed to launch 27 highly leveraged ETFs, including the first-ever 5X single-stock ETF — a milestone for the $12 trillion ETF industry. 💥 What’s new:The proposed ETFs would deliver up to five times the daily return of underlying stocks such as Tesla,...
The UK government is ramping up efforts to bring global capital into Britain — with next week’s high-level investment talks set to include Australia’s biggest superannuation funds such as AustralianSuper, Aware Super, and Macquarie Group. 🟢 What’s happening:Executives managing over $1 trillion in assets are scheduled to meet with UK ministers — including Finance Minister...
Britain’s Financial Conduct Authority (FCA) has unveiled plans to encourage asset managers to “tokenise” funds on public blockchains such as Ethereum, aiming to engage a younger generation of investors. Key points: Simon Walls, FCA’s Executive Director of Markets, said:“Tokenisation has the potential to drive fundamental changes in asset management, with benefits for the industry and...
India’s Canara HSBC Life Insurance successfully closed its $283 million IPO, fully subscribed on the third day of bidding, led by strong demand from institutional investors. Key highlights: The offering was an offer for sale, with selling shareholders Canara Bank, HSBC Insurance (Asia-Pacific), and Punjab National Bank divesting their stakes. This IPO comes amid a...
Japanese mobile payments leader PayPay, backed by SoftBank, is preparing for a potential U.S. IPO as early as December, with investors projecting valuations exceeding 3 trillion yen ($20 billion). Key highlights: Market context: “Structural profit improvement is progressing, and future growth can be anticipated,” says SBI Securities analyst Yukari Housui.
JPMorgan reports that $26 billion of leveraged ETF selling contributed to Friday’s sharp U.S. stock market drop, triggered initially by Trump’s new tariff threats on China. Options dealers likely exacerbated the downside as they hedged their exposure. Key takeaways: “Customers selling volatility going into Friday came back to bite them,” said Steve Sosnick, Interactive Brokers...