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.
Acoramidis, a drug for transthyretin amyloid cardiomyopathy (ATTR-CM), was linked to an 18% lower risk of death, hospitalization, and disease progression compared to tafamidis in a large U.S. electronic health record study of 2,684 patients. The stud...
President Donald Trump announced Katie Zacharia as the new White House press secretary, effective Columbus Day. Zacharia, a lawyer and conservative commentator affiliated with Trump Media and the activist group Fix California, succeeds Karoline Leavi...
Adam Back, a key Bitcoin cryptographer, criticized Ethereum's account-based model as flawed compared to Bitcoin's UTXO system, which he says better handles decentralized network issues. This comes as Back's company, Blockstream, suffered a $319 milli...
HoodPork (PORKU) led gains with a 223.5% rise over seven days, while Starknet (STRK) increased about 14% from Oct. 2 to Oct. 7. In contrast, Mina Protocol (MINA) fell sharply by 46.3% during early October. Starknet, a Layer 2 Ethereum network, has a ...
Crypto markets experienced volatility due to geopolitical and economic uncertainties, with Bitcoin and major altcoins facing selling pressure. Starknet (STRK) led gains with an 88% rally nearing previous highs, followed by Bitway (BTW) and Aerodrome ...
