SEC defers decision on Invesco, WisdomTree bitcoin ETFs

The Securities and Exchange Commission delayed making a decision again on whether to approve the first U.S. exchange-traded fund that invests directly in bitcoin, disappointing advocates just days after a court ruling that was viewed by many as clearing a path for the long-awaited product.  The securities regulator, whose three-part...

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Portfolio Advisors partners with global investment firm for private markets offering

Portfolio Advisors, LLC is partnering with Vontobel to help the Swiss-based global investment firm offer private markets investments to selected clients. It will leverage the U.S. firm’s expertise to offer investments in asset classes such as private equity, private debt, venture capital, real estate, and infrastructure, with the intention of...

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ETFs, mutual funds or both?

Take your pick, advisors: ETFs, mutual funds or both? Exchange-traded funds are considered tax-advantaged relative to actively managed mutual funds because they tend to realize fewer capital gains. Moreover, ETFs generally have lower fees compared to their mutual fund counterparts and are priced continuously throughout the day, enabling greater investor...

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