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asdaq to list options on blackrock bitcoin etf as crypto surges
Nasdaq Inc. is set to list options on BlackRock Inc.’s Bitcoin exchange-traded fund, potentially starting Tuesday. This move will enable investors to use derivatives to speculate on the price of Bitcoin, a development that Nasdaq"s head of ETP listings, Alison Hennessy, believes will excite investors.
young investors increasingly favor exchange-traded funds for retirement savings
Young investors, particularly millennials and Gen Z, are increasingly turning to exchange-traded funds (ETFs) for their retirement accounts, with 81% and 75% ownership rates, respectively. The appeal lies in lower costs, tax efficiency, and the ability to trade throughout the day, unlike mutual funds. However, new investors should research their exposure and be aware of IRS wash sale rules that can affect tax loss benefits.
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