ETFs

Traders who scooped up millions of shares worth of bullish options over the past week in tiny, levered exchange-traded funds tracking Chinese indexes are up more than $130 million on paper as shares surged after top leaders in Beijing signaled stronger economic support next year.

Optiver is expanding its derivatives empire in Japan, where it aims to boost a single-stock options market that has so far been virtually non-existent.

Almost $10 billion has poured into US exchange-traded funds investing directly in Bitcoin since Donald Trump became president-elect, in a bet that his embrace of the crypto sector heralds a boom for the market.

Asian stocks were poised for a mixed opening on Monday as traders grappled with continued political upheaval in South Korea and as investors awaited signs of fresh stimulus from Beijing. Oil will be closely watched after the Syrian government was toppled.

Goldman Sachs Group Inc. is considering options for the future of its platform designed to help the bank’s institutional clients launch their own exchange-traded funds.

The passive-investing juggernaut is picking up speed — and it’s stirring up fresh angst about the dangers posed by the index-tracking boom across Wall Street.

In the port city of Duluth, Minnesota, local activists and Washington-based groups are coalescing to scrutinize — and possibly stall — a $6.2 billion acquisition of a power utility led by Global Infrastructure Partners.

In the shadow of Bitcoin topping $100,000, a rally in Ether is building steam, with investors betting the second-biggest cryptocurrency will surpass the record it reached three years ago.

Crypto traders have triggered vertiginous jumps in digital assets beyond Bitcoin, stirring up memories of a buying frenzy that swept the market during the pandemic before giving way to an epic bust.

Bitcoin dropped almost 7% for a short while a day after an historic surge past $100,000 led some traders to hedge for a retreat.

Asian equities were primed for declines Friday after US stocks fell for the first time in five sessions ahead of jobs data that will help determine whether the Federal Reserve will cut interest rates in December.

Apollo Global Management Inc. is focusing its new private-credit trading desk on investment-grade debt it has originated as the firm rolls out plans to bundle it into exchange-traded funds, according to people with knowledge of the matter.

Anthony Scaramucci, the hedge-fund manager hired and fired by Donald Trump in his first term as president, jokes that he owes his ex-boss a token of thanks.

It’s the latest high-octane offering from Wall Street’s rapidly growing line-up of risky ETF filings: Leveraged products that amp up exposures to large-cap stocks and crypto in one fell swoop – giving traders a way to double down on two of this year’s best-performing assets.

Volatility has fallen through the floor, and traders are enjoying it.