Persistent low levels for the CBOE VIX index have raised eyebrows among investors and analysts alike. The Bank for International Settlements (BIS), headquartered in Basel, Switzerland, has shed light on a potential reason behind this phenomenon in its recent quarterly report. Shift Towards Yield-Enhanced ETFs The BIS suggests that the current low VIX levels may be attributed to … [Read more...] about Understanding Low VIX Levels
ETFs
Bitcoin ETF Approval Sparks Market Volatility
Bitcoin and other cryptocurrencies experienced a surge followed by a retracement in value on Thursday after the Securities and Exchange Commission (SEC) gave approval for the first spot Bitcoin exchange-traded funds (ETFs). While the crypto community hailed this move as an endorsement, the price action indicated a "buy the rumor, sell the news" pattern unfolding. Over the past … [Read more...] about Bitcoin ETF Approval Sparks Market Volatility
Americans Flocking to Europe for Summer Travel
After three summers of Americans vacationing domestically, there has been a significant shift towards international travel this summer, according to Truist analyst Patrick Scholes. Allianz Partners, a travel insurer, predicted in May that the number of Americans traveling to Europe would increase by 55% compared to last summer. U.S.-based tour operators are also seeing strong … [Read more...] about Americans Flocking to Europe for Summer Travel
