Investment funds circulating for purchase – TradingView news

Coinbase Global Coin was set to enter the S&P 500 on May 19, to replace Discover Financial Services, obtained by Capital One Financial. The stock has increased by 24 % on the news, which represents the most severe gathering from the day after winning the elections, Donald Trump.

In fact, Coinbase is now the first digital asset operator to be included in the S&P 500 normative index. Investors can take advantage of the right moment with the help of investment funds circulating in the investment funds circulating in the large allocation of the largest encrypted currency exchange in the United States. These include First Trust Skybridge Crypto Industry and the ETF digital economy CRPT, Global X Blockchain Etf bkch, ETF code and digital coding and digital payments Fdig, Ishares Blockchain and Tech Etf iblc and BitWise Etf innovations innovations Bitq.

What does this mean for the currency?

The addition of Coinbase to S&P 500 confirms a broader acceptance of companies related to the coded currency in the prevailing financing. This step will attract new investors to the company, who will indirectly buy the company through the financial products invested in the S&P 500.

Many analysts believe that this step can pay billions of dollars in the new capital to the shares of coins. Bernstein projects that Coinbase can see up to $ 16 billion in capital flows as a direct result of its S&P 500, with a large part of the negative index boxes. Ophanheimer raised the target price for Coinbase to $ 293 from $ 269, while maintaining the superior performance classification.

Solid growth prospects

Since its publication through a direct list in 2021, Coinbase has become increasingly integrated into the American financial system, driven by increasing the value of bitcoin in value and organizational approval of the main institutions to launch investment funds circulating in the instant Bitcoin (reading: Bitcoin tops 102 thousand dollars for the first time: Etfs in Focus).

The largest encrypted currency exchange in the United States topped the profit estimates for the first quarter of 2025, while revenue when reports last week. Port a $ 1.94 share profits, overcoming the Zacks consensus estimates by 4.9 % and an increase of 7.6 % on an annual basis. Revenue increased by 24 % year on an annual basis to $ 2.0 billion, but it was absent from the estimation of the Zacks consensus by 4.1 %.

Dubai -based Dubai, which is a major derivative exchange, for $ 2.9 billion, will provide a boost for Coinbase’s growth and profitability. The transaction, which is expected to be closed by the end of the year, is treated by placing Coinbase as an international leader in encryption derivatives through open attention and options. It is worth noting that Deribit is the world’s largest trading platform for Bitcoin options. The deal is the largest in the encryption industry so far.

Investment funds circulating for purchase

First Trust Skybridge Crypto Industry and Digital Economy ETF (CRPT)

First Trust Skybridge Crypto Industry and Digital ETF ETF is designed to provide exposure to companies that Skybridge believes that it leads the cryptocurrency, encryption assets and innovation related to digital economies. Skybridge is primarily determined by “bottom” research that focuses on finding the leading companies in the ecosystem for the encryption industry. First Trust Skybridge Crypto Industry and the ETF digital economy carrying 25 shares in its basket, where Coinbase ranks second with 17.8 %.

First Trust Skybridge Crypto Industry and the ETF digital economy receives 85 basis points in fees annually from investors. It raised 99.5 million dollars at the base of its assets and trading in the average daily size of 45,000 shares.

Global X Blockchain ETF (BKCH)

Global X Blockchain ETF seeks to invest in companies designated to benefit from the increasing Blockchain technology, including companies in digital asset mining, digital asset transactions, digital assets, Blockchain applications, Blockchain devices, digital assets, Blockchain integration and digital assets. Global X Blockchain ETF follows the Blockchain Solactive Index and holds 28 stocks in its basket. Here, Coinbase is the higher company, which represents 12.5 % of assets.

Global X Blockchain ETF collected $ 142.1 million at her asset base and traded in a daily size of 53,000 shares. 50 basis points in the annual fees (Read: Enhancing introductory relief enhancing circulating investment funds: Is it more upside down?).

Industry of sincerity and digital payments ETF (FDIG)

The Crypto Fidelity industry, the ETF digital payments offers companies involved in activities related to cryptocurrencies, Blockchain technology and digital payment processing. It follows the Indude Crypto Federation and the digital payment index and holds 63 shares in its basket. Coinbase is ranked first with 13.7 % stake.

The Crypto Foundelity industry and the ETF digital payments raised $ 151.4 million at the base of its assets and trading in the average daily size of 35,000 shares. He receives 40 basis points in the annual fees.

Ishaares Blockchain and Tech Etf (IBLC)

Ishares Blockchain and Tech Etf seek to be exposed to a wide range of companies that participate in the development, innovation and use of Blockchain and Crypto technologies. The FactSet Global Blockchain Technologies is followed by 36 stocks in its basket.

Ishares Blockchain and Tech Etf collected $ 32.3 million at its asset base and took 47 basis fees in the annual fees. It trades in the size of 7000 shares per day on average.

BitWise Crypto Industry Innovators ETF (bitq)

BitWise Crypto Industry, ETF offers an exposure to companies that lead the new encryption economy. It tracks the Bitidence Crypto Innovators 30, which measures the performance of the participating companies in the service of cryptocurrency markets, including encryption mining companies, coding mining equipment suppliers, Crypto financial services companies, or other financial institutions that serve primarily from customers who suffer from encryption.

Hold 30 stocks in its basket, Coinbase occupies the second place with 10.2 % of the assets. BitWise Crypto Industry Innovators ETF receive 85 basis points in annual fees from investors and trading in a average daily size of 93,000 shares. It attracted the innovators of the BitWise code $ 179.9 million at its asset base.

This article was originally published on Zacks Investment Research (Zacks.com).

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