Mark Yusko
Morgan Creek Capital Management launched the third ETF to capitalize on the SPAC boom.
Founder Mark Yusko breaks down the strategy and how it could be beneficial in a bear market.
Yusko, a crypto bull, shares 3 other sectors to watch amid the SPAC frenzy.
Special Purpose Acquisition Companies have been among the most talked-about investing trends of the past year. After all SPAC launches in 2020 more than tripled from 2019, according to SPAC Insider.
Everyone seems to have one, from Colin Kaepernick to Bill Ackman to Billy Beane. Now, they are even the subject of a rap song called SPAC Dream , which has over 98,000 YouTube views.
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Cathie Wood, the founder of ARK Invest, has amassed legions of obsessed followers.
Wood has become a favorite of the Wall Street Bets crowd, and successfully kept control of her firm.
Now, with assets accumulating and new funds coming out, the question is, can she sustain her success?
So far, this year has belonged to Cathie Wood. You could argue last year did too.
The founder of ARK Invest has seen flows into her active exchange-traded funds beat those of massive franchises like BlackRock s iShares, thanks to her blockbuster 2020 performance, which was driven by bets into mega-growth stocks like Tesla.
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Bitcoin jumps 7% after Elon Musk posts an image of a crypto-themed ring and makes a vague reference to dogecoin
Bitcoin jumps 7% after Elon Musk posts an image of a crypto-themed ring and makes a vague reference to dogecoin
Shalini NagarajanFeb 11, 2021, 21:22 IST
Photo illustration by Chesnot/Getty Images
Bitcoin spiked 7% on Thursday after
Elon Musk s consistent tweets about the asset continued.
The billionaire also made a reference to dogecoin, the meme-based
crypto that s soared this year.
Announcements from Mastercard and Bank of New York Mellon also further boosted its price.
The price of bitcoin rose by as much as 7% on Thursday after Elon Musk posted a vague tweet with a reference to dogecoin and an image of a crypto-themed ring.
Here s what 6 crypto experts said about Tesla s $1.5 billion bitcoin investment
Shalini NagarajanFeb 9, 2021, 13:21 IST
Britta Pedersen-Pool/Getty Images
bitcoin, saying it invested $1.5 billion in the token.
It helps to bring bitcoin further into the mainstream, as both a form of payment and an investment.
Insider compiled quotes from six experts on what this could mean for new buy-in from large investors.
Tesla on Monday revealed a $1.5 billion investment in bitcoin that pushed the digital currency to a record high of $47,889.
The electric-car maker also said it would soon begin accepting bitcoin as payment for its products.
Some analysts said that while
Bitcoin has more than doubled in less than a month, leaving analysts and investors stunned and concerned about a possible market bubble. In many ways the token s