"There's no free lunch here, so a cap of right around 9.65% is what we're seeing now, with 100% protection over the next 365 days," Calamos said.
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
The NYSE has polled market participants about the merits of round-the-clock trading, the Financial Times reported.
DXYZ has seen volatile trades recently, with the closed-end fund rising 69% on Monday and falling about 23% on Tuesday.
The Silk Road was a global e-commerce site for illegal drugs, weapons, and other illicit activities that were facilitated via the transfer of bitcoin.
It's not just the largest cryptocurrencies like bitcoin and ether that have soared so far in 2024.
Tech
2024-03-28T20:04:42Z
Sam Bankman-Fried was sentenced Thursday to 25 years in prison. Here's how he went from one of crypto's biggest names to its greatest cautionary tale.
A Bloomberg report has new details about Citigroup's equities division's toxic culture. A lawsuit filed last year said it persisted as late as 2022.
Ahead of the stock's first-day pop on Thursday, some users expressed bearishness about Reddit's prospects and disinterest in participating in the IPO.
Reddit priced its IPO on Wednesday at $34 a share, raising $748 million and valuing the company at about $6.4 billion.
In the last 12 months, prices for the commodity have surged more than 200%, and it's hovering near record highs.
Explainers
2024-03-15T15:20:23Z
Known as "the Einstein of Wall Street," Peter Tuchman is one of the most famous traders on the New York Stock Exchange.
Baby Doge Coin is a joke token making fun of another joke token, which itself started as a way to highlight the absurdity of crypto as a whole.
BlackRock's bitcoin ETF now owns 215,625 bitcoin, which is bigger than MicroStrategy's 205,000 bitcoin stash.
"NVDA looks every day more like the new bellwether of general retail sentiment," Vanda Research said in a recent note.
These companies have achieved "elite" status for not experiencing a 20% decline in years, even when considering the 2022 bear market.
The Unusual Whales Democratic ETF is heavily weighted towards some of the market's hottest stocks, including Microsoft, Amazon, Apple, and Nvidia.
Goldman Sachs' VIP hedge fund basket is up 8.7% year-to-date, outpacing the S&P 500's 5.1% return.
The Church of Jesus Christ of Latter-day Saints pared back its exposure to mega-cap tech stocks during the fourth quarter.
"The likelihood of losing money in the S&P 500 drops from a coin flip to a 2-sigma event by extending one's holding period from a day to a decade."