ETFs

The Rise and Fall of NFTZ: What Happened to the World’s First NFT ETF?

First Exchange-Traded NFT Fund Shuts Down

The world’s first exchange-traded fund (ETF) for NFTs, NFTZ, is shutting down. Defiance ETFs, the company behind NFTZ, recently announced its decision to “close and liquidate” the fund by February 28th. This news has come as a surprise to many, especially since NFTZ had a highly anticipated launch back in December 2021. NFTZ was a … Read more

I Predicted the Introduction of BTC ETFs Would Create Large BTC Price Crashes. They Did.

Crypto Price Prediction Bitcoin could soar

More than a year ago, I predicted, much to the disbelief of everyone, that BTC prices would plunge, after an initial run-up, when the first BTC ETFs started trading. Most BTC predictions, based upon expectations of massive institutional inflows, upon BTC ETF launches, were similar to the headlines above. On the contrary, last January 2021, I … Read more