April 20, 2012 3:44 PM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Invesco's (NYSE: IVZ) PowerShares, the fourth-largest U.S. ETF sponsor, has filed plans with the Securities and Exchange Commission to possibly introduce the PowerShares DWA SmallCap Technical Leaders Portfolio, an ETF that would be based on an index of technically superior small-caps created by Dorsey-Wright Associates.A ticker and expense ratio were not included in the filing.PowerShares currently has several ETFs based on Dorsey-Wright indexes, including the PowerShares DWA Developed Markets Technical Leaders Portfolio (NYSE: PIZ), the PowerShares DWA Emerging Markets Technical Leaders Portfolio (NYSE: PIE) and the PowerShares DWA Technical Leaders Portfolio (NYSE: PDP). PDP is the large-cap equivalent of the small-cap fund PowerShares has filed for. Introduced in 2007, PDP has an expense ratio of 0.7% and $543.8 million in assets under management.PowerShares had 122 ETFs with a combined $58.6 billion in AUM at the end of March, according data from the ETF Industry Association.Follow me on Twitter: @ETFProfessor1
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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