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☆ Earnings growth isn't justifying current valuations, says Simeon Hyman
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings growth isn't justifying current valuations, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses earnings season and investing in the tech sector.

Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors

☆ Dividends show companies are confident in the future, says Simeon Hyman
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDividends show companies are confident in the future, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the Fed meeting, the markets, and the tech trade.

Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors

☆ Bitcoin may start to lose its reputation as a volatile asset. Here's why
▼ + stars: | 2024-03-16 | by ( Meredith Mutter | ) www.cnbc.com time to read: +2 min

Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management's Matt Hougan, the cryptocurrency's wild price swings have come down substantially over the past decade. "What's driving the bitcoin market right now is a simple demand-supply imbalance," the firm's chief investment officer told CNBC's "ETF Edge" on Monday. While Bitwise is betting on bitcoin's growth, ProShares has an ETF looking to profit from losses with its Short Bitcoin Strategy ETF . Hyman's ProShares also operates a long-bitcoin ETF: ProShares Bitcoin Strategy ETF.

Persons: Matt Hougan, CNBC's, Bitcoin, Hougan, Mark Twain, Simeon Hyman, Hyman, bitcoin Organizations: CNBC

☆ Experts hesitate on weight loss ETFs amid the obesity drug boom
▼ + stars: | 2024-03-13 | by ( Anna Gleason | ) www.cnbc.com time to read: +1 min

There may be a stronger case to invest in single stocks over exchange-traded funds in the weight loss space. With just two players currently at the forefront of the U.S. obesity drug market, ProShares' Simeon Hyman questions the relevance of weight loss ETFs for investors looking to buy into the industry. "If the benefits are going to incumbents, then maybe there isn't a theme per se that needs to be exploited." Strategas' Sohn also suggested that ETFs based on themes, rather than sectors or indices, might be falling out of favor with investors. So far in 2024, Novo Nordisk has gained 29% and Eli Lilly is up 30%, as of Wednesday's close.

Persons: Todd Sohn, Eli Lilly, Lilly, CNBC's, ProShares, Simeon Hyman, Sohn Organizations: Roundhill, Novo Nordisk Locations: U.S, Novo

☆ Don't get too worked up about how CPI impacts the Fed, says Simeon Hyman
▼ + stars: | 2024-02-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't get too worked up about how CPI impacts the Fed, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses inflation, rates, and the markets.

Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors

☆ This fund looks like a surprise winner of the bitcoin ETF approval
▼ + stars: | 2024-02-02 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

And it still remains the case that bitcoin futures are regulated, and spot bitcoin is not," Simeon Hyman, head of the investment strategy group at ProShares, told CNBC. One theory for why the futures ETF has continued to have success is that there are listed options for bitcoin futures products, but not for the spot products, said Aniket Ullal, head of ETF data and analytics at CFRA. The ProShares futures ETF may also be getting helped by increased action in the futures market itself. To be sure, not all bitcoin futures products are going strong. VanEck announced Jan. 17 that it was liquidating its bitcoin futures ETF.

Persons: FactSet, Simeon Hyman, Aniket Ullal, Ullal, Hyman, it's, Tim McCourt, VanEck, Jan, BITO Organizations: CNBC, CME Group Locations: United States, bitcoin

☆ The spot bitcoin ETF: Here's what happens when it starts trading
▼ + stars: | 2024-01-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Spot bitcoin ETF feesBitwise (BITB) 0.0% (after first six months: 0.2%)ARK Invest/21Shares (ARKB): 0.0% (after first six months: 0.21%)Invesco Galaxy Bitcoin ETF (BTCO) 0.0% (after first six months: 0.39%)iShares Bitcoin Trust (IBIT) 0.12% (after first 12 months: 0.25%)VanEck Bitcoin Trust (HODL) 0.25%Franklin Bitcoin ETF (EZBC) 0.29%Fidelity Wise Origin Bitcoin Trust (FBTC) 0% (after July 31, 2024, 0.25%)WisdomTree Bitcoin Trust (BTCW) 0.0% (after first six months 0.3%)Valkyrie Bitcoin Fund (BRRR) 0.0% (after three months 0.49%)Grayscale Bitcoin Trust (GBTC) 1.5%Hashdex Bitcoin (DEFI) 0.9%Invesco's Galaxy Bitcoin ETF has set its expense ratio at 0.0% for the initial six months and the first $5 billion in assets, and goes to 0.39% after. Source: Bloomberg/SEC.govHow will a spot bitcoin trade relative to bitcoin and bitcoin futures? One of the main questions is how well a spot bitcoin ETF will track bitcoin and bitcoin futures. Simeon Hyman, ProShares' global investment strategist who manages the largest bitcoin futures ETF, the ProShares Bitcoin Strategy ETF (BITO) that launched in October 2021, noted that bitcoin futures ETFs have tracked bitcoin "fairly well." Some are concerned that the creation and redemption process that was agreed upon to create spot bitcoin ETFs could result in a bitcoin ETF trading at a premium to its NAV.

Persons: 21Shares, iShares, VanEck, WisdomTree, Bitcoin, Simeon Hyman, ProShares Organizations: Securities and Exchange Commission, Bitcoin, Franklin Bitcoin, Galaxy, Bloomberg Locations: bitcoin

☆ The firm behind the largest crypto ETF just launched ether futures ETFs
▼ + stars: | 2023-10-06 | by ( Natalie Zhang | ) www.cnbc.com time to read: +2 min

Ether made its ETF debut with the release of six different futures products on Monday. ProShares Advisors is behind three of the new ETFs: Ether Strategy ETF (EETH), Bitcoin & Ether Equal Weight Strategy ETF (BETE) and the Bitcoin & Ether Market Cap Weight Strategy ETF (BETH). The regulated futures market in an ETF is a great solution, he added. ProShares also manages the Bitcoin Strategy ETF (BITO ), which is the largest bitcoin futures ETF on the market. It follows bitcoin futures and is up more than 37% year to date.

Persons: BETH, Simeon Hyman, ProShares, CNBC's, Hyman, Todd Sohn, " Sohn Organizations: ProShares Advisors, U.S . Securities, Exchange Commission, SEC, Strategas Securities

☆ Ether futures ETFs hit the market as SEC mulls next steps on bitcoin fund
▼ + stars: | 2023-10-02 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

The number of ETFs tied to cryptocurrencies is expanding dramatically in the first week of October, with a wave of funds that buy ether futures launching on Monday. "I think the long-term buyers of these products are financial professionals — financial advisors, family offices," and registered investment advisors, said Bitwise CIO Matt Hougan. The fund has slightly lagged the price of spot bitcoin since inception in 2021, when bitcoin was near an all-time high. "The thing that people wanted to find out was would a bitcoin futures ETF do its job? And in fact it has done that quite well," said Simeon Hyman, head of the investment strategy group at ProShares.

Persons: Matt Hougan, BETH, bitcoin, Simeon Hyman

☆ Ether futures ETFs hit the market
▼ + stars: | 2023-10-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther futures ETFs hit the marketSimeon Hyman, head of investment strategy group at Proshares, and Bryon Lake, global head of ETF solution at JPMorgan Asset Management, join 'Halftime Report' to discuss three new ETFs coming to market today, the investor appetite for crypto ETFs, and the case for buying investment grade bond ETFs.

Persons: Simeon Hyman Organizations: JPMorgan Asset Management

☆ Hyman: Small-cap stocks are the place to be because of the dividend growth
▼ + stars: | 2023-08-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Small-cap stocks are the place to be because of the dividend growthSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses why he prefers small-cap stocks to the mega-caps.

Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors

☆ Hyman: Companies will have stable P/E multiples in Q2, resulting in increased focus on earnings
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Companies will have stable P/E multiples in Q2, resulting in increased focus on earningsSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the upcoming earnings season and where to invest in the markets.

Persons: Hyman, Simeon Hyman Organizations: Companies, Global Investment, ProShares Advisors

☆ Hyman: Volatility has picked up in the bond market and dropped in the equity market
▼ + stars: | 2023-06-02 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Volatility has picked up in the bond market and dropped in the equity marketSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses how he's investing in the current trading environment.

Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors

☆ Why bank stocks are so unstable
▼ + stars: | 2023-05-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

New York CNN —The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March. Bank insiders see this and have been buying up shares of regional lenders, according to a report by Timothy Coffey, an analyst at Janney Montgomery Scott. The Oracle of Omaha said he remains cautious about holding bank stocks and that he has reduced his own exposure to the sector. The S&P 500 financial sector, however, is down more than 12% over the same period. Economists were hoping that this year would bring better news, but instead 2023 brought the collapse of three US regional banks and a subsequent lending squeeze.

☆ Hyman: Earnings expectations are now flat vs. a year ago, and that's not a bad place to be
▼ + stars: | 2023-03-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Earnings expectations are now flat vs. a year ago, and that's not a bad place to beSimeon Hyman of ProShares Advisors says the performance of breakeven rates suggests this may be less about a contagion and recession and more about a credit contraction and acceleration of the reduction of inflation.

☆ Hyman: Fragile earnings are key to the markets story, as multiples are well set for 2023
▼ + stars: | 2023-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Fragile earnings are key to the markets story, as multiples are well set for 2023ProShares Advisors' Simeon Hyman dives into his forecasts for the markets.

☆ Three new stocks gain entry to the Dividend Aristocrat elite, which outperformed in 2022
▼ + stars: | 2023-01-25 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Smucker have made the cut for the S & P 500 Dividend Aristocrats and will be added to index as of Feb. 1, S & P Dow Jones Indices announced Tuesday. Nordson, which joined the S & P 500 last year, has actually had 42 straight years of dividend raises, according to S & P Dow Jones Indices data. NOBL 5Y mountain The NOBL fund has a solid long-term track record and outperformed during 2022's bear market. All three have outperformed the S & P 500 over the past 12 months. ProShares also offers an S & P Technology Dividend Aristocrats ETF (TDV) , which lowers the bar to seven straight years of dividend hikes.

☆ As BlockFi becomes the latest victim in crypto contagion, experts share 4 tips to safely gain exposure to the market
▼ + stars: | 2022-11-30 | by ( Laila Maidan | ) www.businessinsider.com time to read: +5 min

BlockFi has become the latest victim caught up in the crypto market's contagion. Crypto platforms that are managing and holding client deposits really need to be run with the same rigor and transparency as traditional financial institutions, he noted. A traditional exchange just executes transactions and matches the buyers and sellers, he added. In some instances, crypto platforms that mimic broker activity in exchange for providing their customers yield must fully disclose their practices. Hyman says another option for investors is to gain exposure to crypto through the heavily regulated futures market.

☆ These controversial ETFs take big risks for massive returns
▼ + stars: | 2022-11-20 | by ( Noah Sheidlower | ) www.cnbc.com time to read: +2 min

Known as leveraged ETFs, ProShares Advisors' Simeon Hyman embraces them — running his firm's UltraPro QQQ and UltraPro Short QQQ funds. Its UltraPro Short QQQ ETF is up over 54% so far this year. But its UltraPro QQQ ETF is off almost 74% in the same period. Hyman believes leveraged ETFs are valuable to the marketplace despite the potential for vastly different performance outcomes. Deborah Fuhr, founder of independent research firm ETFGI, suggests FINRA should take a closer look at leveraged ETFs.

☆ Finding bright spots in the bitcoin bear market
▼ + stars: | 2022-11-16 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +4 min

Despite a tumultuous year for cryptocurrencies and their trading platforms, there remains a bright spot in the space: bitcoin futures ETFs. The ProShares Bitcoin Strategy ETF (BITO) hit a trading record on Nov. 8, surpassing its previous record by 64%. And volume for ProShares Short Bitcoin Strategy ETF (BITI) also on Nov. 8 spiked 366% higher than any day since its launch, according to ProShares. Hyman said the lack of segregation among bitcoin exchanges underlines the need for maturation. "You hold enough cash, such that the return should be approximately spot bitcoin.

☆ Here's how bitcoin futures ETFs performed in a dramatic week for crypto
▼ + stars: | 2022-11-13 | by ( Jesse Pound | ) www.cnbc.com time to read: +3 min

The ProShares Bitcoin Strategy ETF (BITO) and Short Bitcoin Strategy ETF (BITI) both saw their largest daily trading volumes on record last week. Applications for a true spot bitcoin ETF have been consistently rebuffed by the SEC , but the agency did allow bitcoin futures ETFs to launch. Bitcoin futures do not perfectly track spot bitcoin and the ETFs can carry additional costs for investors, such as the potential for roll costs when the fund swaps out expiring futures for new ones. However, bitcoin futures are also financially settled, meaning there is no bitcoin that changes hands or is held in an account. He added that the roll costs for bitcoin futures have come down sharply since the ETFs launched.

Nov 10 (Reuters) - Trading volumes in bitcoin futures and exchange traded funds (ETFs) has exploded as investors scrambled to hedge their positions after this week's slump in digital tokens triggered by turmoil at crypto exchange FTX. CME bitcoin futures November contracts traded at $17,250, with a volume of 13,292 at 11:24 a.m. EST (1624 GMT), which was a 3% discount to the spot price of $17,770. Trading volumes soared on Tuesday and Wednesday as FTX's woes worsened, touching 48,554 and 32,168 contracts respectively, significantly higher than volumes over the past two months which hovered between 4,902 and 27,309. The ProShares short bitcoin strategy ETF (BITI.P), a bearish play on CME bitcoin futures, witnessed record trading volume on Wednesday as investors hunted for "regulated, transparent futures market," ProShares Global Investment Strategist Simeon Hyman said. Meanwhile, ProShares Bitcoin Strategy ETF (BITO.P), which was halted for trading on Wednesday, has witnessed a 300% jump in trading volume in the from its previous high on October 21, 2022.

☆ Hyman: The key is to look now for companies that are growing their margins
▼ + stars: | 2022-11-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: The key is to look now for companies that are growing their marginsSimeon Hyman of ProShares Advisors says while the Fed's continued hawkish stance has taken some steam out of the markets, the fundamentals of the October rally stills stand.

☆ Navigating rates and volatility
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNavigating rates and volatilityBleakley Financial Group's Peter Boockvar, Seymour Asset Management's Tim Seymour and ProShares Simeon Hyman join CNBC's Frank Holland and the 'CNBC Special: Markets in Turmoil' to discuss market reaction to the Fed's latest rate increase and where they see stocks heading for the rest of the year.

☆ ProShares bitcoin short ETF launches today
▼ + stars: | 2022-06-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailProShares bitcoin short ETF launches todaySimeon Hyman, ProShares Global investment strategist, joins 'TechCheck' to discuss the company's new bitcoin short ETF launch.

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