Not surprisingly, Spot Bitcoin ETFs were recently approved in January and we expect bitcoin price to go higher with tremendous fanfare and volatility. While Spot ETFs will increase liquidity and open the door to institutional ownership, it may actually increase volatility and draw more trading on both the long and short sides.
With the calendar now turned to 2024 and the first Federal Reserve meeting behind us, it is an exciting time for short duration fixed income products such as the Amplify Samsung SOFR ETF (SOFR). The Secured Overnight Funding Rate (SOFR) has recently traded above 5.3%, the highest level in the six-year history of the index. The treasury curve remains inverted, which means short duration products like SOF may currently offer a higher yield than many similar long duration products. Meanwhile, the overnight funding market has an interesting mix of catalysts coming up that investors should be aware of.
BLOK-Chain Monthly January 2024
The Cannabis Recap - January 16, 2024
The Cannabis Recap - January 22, 2024
Amplify ETFs Completes Acquisition to Reach $9.1 Billion AUM Across 31 ETFs
Amplify ETFs Completes Acquisition to Reach $9.1 Billion AUM Across 31 ETFs
Amplify ETFs Declares January Income Distributions for its ETFs
Amplify ETFs Declares January Income Distributions for its ETFs
The Cannabis Recap - February 01, 2024
The Cannabis Recap - February 05, 2024
SOFR Commentary January 2024