The Walton family's fortune stood at about $238 billion this year, according to the Bloomberg Billionaires Index, half of which is due to Walmart.
Salim Ramji said he is holding back on a cryptocurrency ETF due to the "opaque" regulatory framework and liquidity worries.
Ilan Israelstam, chief commercial officer at ETF provider BetaShares, said the market is likely to see month-on-month records broken through the months ahead, as a steady rate of new ETFs hit exchanges, and the Australian market catches up with markets like the US.
A top official said Zimbabwe is looking to allow cryptocurrency as legal payment, according to a local report Sunday.
The Dow hit an intraday record on Wednesday, while the S&P 500 climbed for a sixth straight session, approaching record highs.
The VanEck Bitcoin Strategy ETF will begin trading under the ticker XBTF after October 23, the asset management firm said in a regulatory filing.
Fundstrat's Tom Lee sees demand for the bitcoin futures ETF continuing, saying that it can get more than $50 billion in inflows in its first year.
Invesco is yet to formally withdraw its ETF filing. But on Monday, it delayed the effective date of its futures-based ETF to October 29.
The arrival of the bitcoin-futures ETF comes as bitcoin this year has moved above $1 trillion in market capitalization.
Cathie Wood's Ark Invest has put its name to a bitcoin futures ETF assigned with the ticker ARKA - a positive sign for SEC approval, an analyst said.
Complex funds have been a hit with retail investors, like the triple-leveraged ProShares UltraPro QQQ ETF, which mirrors three times the Nasdaq 100.
The Gen Z ETF will grade stocks using a score computed based on "how closely the company aligns with Gen Z's progressive values."
After exploding nearly 150% in 2020, ARKK is down more than 11% so far in 2021 and is being hit by regular outflows.
CLOs share much in common with CDOs, the complex securities that melted down during the 2008 financial crisis and were later popularized by movies like "The Big Short."
While hedge fund manager Nancy Davis sees deflation ahead, the conventional wisdom on future prices has remained much the same.
Index funds and exchange-traded funds (ETFs) both combine several securities into one investment. They both track an underlying asset, such as a stock market index.
"The meme stock phenomenon is here to stay," Matthew Tuttle told Insider. "It'll pause from time to time. The stocks will switch from time to time."
