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Business 07 Apr 2021 | 7:00 AM

Grayscale has big plans for crypto fund

NEW YORK: The company behind the world’s largest cryptocurrency trust intends to flip it into an exchange-traded fund (ETF) as soon as US regulators allow.

Business 29 Mar 2021 | 7:00 AM

Secret-strategy funds struggle to win fans

NEW YORK: They were a hot new thing in an industry known for innovation. But in a year when practically everything on Wall Street boomed, exchange-traded funds (ETFs) that hide their strategies struggled to make a mark.

Business 26 Mar 2021 | 7:00 AM

Bitcoin slide adds to signs of step back

HONG KONG: Bitcoin extended a drop amid a wider retreat in assets that had earlier ridden a wave of stimulus-infused optimism among retail traders.