The GraniteShares HIPS US High Income ETF, which invests in a mix of high-yield but volatile asset categories like CEFs, BDCs, mREITs, and MLPs, continues to underperform compared to a simple equal-weight blend of similar ETFs. Despite stable monthly payouts and recent price stability, long-term asset erosion and high return of capital raise doubts about the sustainability of its distributions. Additionally, the ETF suffers from low assets under management and weak liquidity, making it less attractive than building a custom portfolio of pass-through category ETFs or exploring active bond alternatives. Investors should consider these factors before investing in HIPS.
Apple has been testing memory chips from China's CXMT across products like iPhones and MacBooks to address shortages caused by the AI boom. The company held early talks with CXMT, China's largest chipmaker by market value, aiming to use these chips i...
Bitcoin has struggled to surpass the $65,000 mark and faces risk of a deeper decline below $57,000 due to unliquidated long positions that could trigger a large liquidation event. Analyst Joao Wedson warns this pattern resembles a 2022 drop before a ...
Berkshire Hathaway reduced its cash reserves by investing billions in stocks like Alphabet and repurchasing $7.8 billion of its own shares in Q2 and July. The conglomerate reported a 16% rise in operating profit to $12.98 billion, driven by gains at ...
Crypto card spending surged to $759 million monthly by July 2026, with dollar-backed stablecoins USDC and USDT capturing 84% of the market. Euro-backed stablecoin EURe's share plummeted from 88% in early 2024 to just 2%, marking a dramatic shift. Thi...
The US Senate has postponed the vote on the CLARITY Act, a bill intended to establish a clear regulatory framework for cryptocurrencies and digital assets, until mid-September. This delay has caused concern among crypto industry leaders, including Mi...
