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☆ Financial advisors remain reluctant to recommend crypto investments, even as prices soar
▼ + stars: | 2024-12-17 | by ( Sharon Epperson | In Sharoneppersoncnbc | ) www.cnbc.com time to read: +2 min

Still, many financial advisors remain wary. "As traditional long-term planners, we currently do not incorporate crypto in our portfolio allocations," said certified financial planner Marianela Collado, CEO of Tobias Financial Advisors in Plantation, Florida. To be sure, regulatory uncertainty remains a clear area of concern for financial advisors when it comes to recommending crypto investments to clients. In April, when crypto prices were lower, an annual survey of 2,000 financial advisors by Cerulli Associates found that 59% don't currently use cryptocurrencies or plan to in the future. Spot bitcoin ETFs, first available in January, now have more than $100 billion in assets under management, which is about 1% of the overall ETF market.

Persons: Donald Trump, Marianela Collado, Cerulli, Brian Hartigan, CNBC's Organizations: bitcoin, Financial, Cerulli Associates, CFP Ashton Lawrence, Mariner Wealth Advisors Locations: Plantation , Florida, Greenville , South Carolina

☆ Invesco launches ETF to maximize on the tech concentration craze
▼ + stars: | 2024-12-14 | by ( Krysta Escobar | ) www.cnbc.com time to read: +1 min

Invesco launched an exchange-traded fund designed to give investors exposure to the top 45% of companies in the Nasdaq-100 Index. Now Hartigan is taking on the Invesco Top QQQ ETF (QBIG), which launched Dec. 4. As of Wednesday, some of Invesco Top QQQ ETF's top holdings were Apple , Nvidia and Microsoft , according to Invesco's website. Hartigan notes investors can balance out their portfolio risk with similar funds. As of Friday's close, Invesco Top QQQ ETF is up around 5.5% since its debut.

Persons: Invesco, Brian Hartigan, Hartigan, Nate Geraci, We've Organizations: Nasdaq, Apple, Nvidia, Microsoft

☆ Bitcoin ETFs are at a key milestone. Why crypto watchers say there's still time to get in on the rally
▼ + stars: | 2024-12-13 | by ( Anna Gleason | ) www.cnbc.com time to read: +2 min

The ETF Store president Nate Geraci credits President-elect Donald Trump's win with a key role in the price surge. "I think you're seeing that reflected in crypto prices. You're going to see that reflected in a proliferation of crypto ETFs coming market." Invesco's Hartigan agrees that the regulatory tailwind may be opening up bitcoin ETFs for even more opportunities. I think that's a huge opportunity for the asset class," Hartigan added.

Persons: Brian Hartigan, Nate Geraci, Donald Trump's, Geraci, David Sacks, Trump, Paul Atkins, Invesco's Hartigan, Hartigan Organizations: Metrics, U.S . Securities, Exchange Commission

☆ ETFs holding bitcoin are now the crypto's largest holders, surpassing creator Satoshi Nakamoto
▼ + stars: | 2024-12-10 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

BTC.CM= YTD mountain Bitcoin in 2024 Collectively, bitcoin ETFs now own more of the cryptocurrency than legendary pseudonymous founder Satoshi Nakamoto, who is believed to control as much as 1.1 million bitcoin. Largest bitcoin holders U.S. Spot ETFs 1,104,534 Satoshi Nakamoto 1,100,000 Binance 633,000 MicroStrategy 402,100 U.S. Government 198,109 Chinese Government 194,000 Bitfinex 184,027 Kraken 158,959 Block One 164,000 Robinhood 142,361 Source: Bloomberg/Eric Balchunas "Bitcoin ETFs have become the vehicle of choice for bitcoin holders," Brian Hartigan, global head of ETFs at Invesco, said Monday on CNBC's "Halftime Report." With spot bitcoin ETFs now accounting for more than $100 billion in assets, bitcoin is now about 1% of the assets under management of the entire ETF universe. Will bitcoin ETFs pass gold ETFs in 2025? With spot bitcoin ETFs now over $100 billion in AUM, Geraci said there is a real chance bitcoin ETFs will pass gold ETFs next year.

Persons: Satoshi Nakamoto, Nakamoto, Eric Balchunas, Brian Hartigan, bitcoin, It's, Hartigan, Nate Geraci, Geraci, There's, Donald Trump's, David Sacks, Paul Atkins, Atkins, validators, Will Organizations: Government, Bloomberg, bitcoin, U.S . Securities, Exchange Commission, Republican SEC, SEC, Liberty Locations: United States

☆ Invesco's Brian Hartigan on ETFs to watch in 2025
▼ + stars: | 2024-12-09 | 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 EmailInvesco's Brian Hartigan on ETFs to watch in 2025Brian Hartigan, Invesco global head of ETFs, sits down with CNBC’s Bob Pisani to discuss where bitcoin ETFs could end the year and how ETF investors are positioning for 2025.

Persons: Brian Hartigan, Invesco, CNBC’s Bob Pisani

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