BND, ETHT: Big ETF Inflows
ETF Inflows: The ProShares 404 ETF experienced the largest increase in inflows, adding 180,000 units, which represents a 38.3% rise in outstanding units.
Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
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Bybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heist
Bybit's Response to Hack: Bybit successfully managed a significant hack where $1.5 billion in digital assets were stolen, ensuring client assets remained intact through a 1:1 reserve guarantee and processing over 350,000 withdrawal requests within 12 hours.
Investigation and Recovery Efforts: The hack, attributed to North Korea's Lazarus Group, led Bybit to freeze $42.89 million in assets and collaborate with regulators and law enforcement for an ongoing investigation while enhancing their security measures.
Best-Performing ETFs of Last Week
Market Performance: Last week, Wall Street saw moderate gains with the S&P 500 up 1.4%, Dow Jones up 1.6%, and Nasdaq Composite up 1.5%. The Federal Reserve cut interest rates for the first time in four years, responding to cooling inflation and a slowing labor market.
Top-Performing ETFs: Notable ETFs included Teucrium Sugar Fund (up 13.1%), Simplify Propel Opportunities ETF (up 9.0%), Range Nuclear Renaissance Index ETF (up 8.8%), and ProShares Ultra Ether ETF (up 8.6%), reflecting strong performance in sectors like sugar, biotech, nuclear energy, and cryptocurrency.
BND, ETHT: Big ETF Inflows
ETF Inflows: The ProShares 404 ETF experienced the largest increase in inflows, adding 180,000 units, which represents a 38.3% rise in outstanding units.
Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
ProShares Launches ETFs Targeting 2x and -2x Daily Ether Returns
Bybit hack: $1.5B stolen from ethereum wallet in largest ever crypto heist
Bybit's Response to Hack: Bybit successfully managed a significant hack where $1.5 billion in digital assets were stolen, ensuring client assets remained intact through a 1:1 reserve guarantee and processing over 350,000 withdrawal requests within 12 hours.
Investigation and Recovery Efforts: The hack, attributed to North Korea's Lazarus Group, led Bybit to freeze $42.89 million in assets and collaborate with regulators and law enforcement for an ongoing investigation while enhancing their security measures.
Best-Performing ETFs of Last Week
Market Performance: Last week, Wall Street saw moderate gains with the S&P 500 up 1.4%, Dow Jones up 1.6%, and Nasdaq Composite up 1.5%. The Federal Reserve cut interest rates for the first time in four years, responding to cooling inflation and a slowing labor market.
Top-Performing ETFs: Notable ETFs included Teucrium Sugar Fund (up 13.1%), Simplify Propel Opportunities ETF (up 9.0%), Range Nuclear Renaissance Index ETF (up 8.8%), and ProShares Ultra Ether ETF (up 8.6%), reflecting strong performance in sectors like sugar, biotech, nuclear energy, and cryptocurrency.
BND, ETHT: Big ETF Inflows
ETF Inflows: The ProShares 404 ETF experienced the largest increase in inflows, adding 180,000 units, which represents a 38.3% rise in outstanding units.
Author's Opinion Disclaimer: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
ProShares Launches ETFs Targeting 2x and -2x Daily Ether Returns
