Investment
Features
FeesSafety
Academy
More
Pluang+

Sprott Physical Copper Trust updates equity program to issue up to $500M amid NYSE Arca listing.

Company Fundamentals
04 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Sprott Physical Copper Trust has updated its at-the-market (ATM) equity program to allow issuance of up to $500 million of units in connection with its listing on the NYSE Arca. The program enables sales of units on both the NYSE and Toronto Stock Exchange at prevailing market prices, with proceeds intended for acquiring physical copper. This update includes a new sales agreement with multiple Canadian and U.S. agents, ensuring compliance with respective market regulations. Investors should review the updated prospectus documents for detailed information before investing.

More News

Global X Russell 2000 Covered Call ETF offers high yield but has structural drawbacks limiting long-term gains.

Global X Russell 2000 Covered Call ETF offers high yield but has structural drawbacks limiting long-term gains.

The Global X Russell 2000 Covered Call ETF (RYLD) provides a high monthly yield of 11.9% and achieved a 20.5% total return over the past year. However, its strategy involving at-the-money options causes structural net asset value (NAV) erosion and ca...

Analyst Insights
Neutral
4 hours ago
Ethereum uses just 7.87 GWh annually, ranking second-least energy-intensive among proof-of-stake blockchains.

Ethereum uses just 7.87 GWh annually, ranking second-least energy-intensive among proof-of-stake blockchains.

A Cambridge study found Ethereum's annual energy consumption at 7.87 gigawatt-hours, making it the second-least energy-intensive proof-of-stake (PoS) blockchain when adjusted for market value. This marks a significant improvement from its previous pr...

Protocol Fundamentals
Bullish
4 hours ago
Bitcoin ETF sees $292M inflow, ending 8 weeks of outflows amid rising institutional confidence

Bitcoin ETF sees $292M inflow, ending 8 weeks of outflows amid rising institutional confidence

The IBIT Bitcoin ETF, managed by BlackRock, recorded a $292 million net inflow last week, reversing eight consecutive weeks of outflows. This inflow reflects renewed institutional interest in Bitcoin, which currently trades near $70,000. Market confi...

Market News
Bullish
4 hours ago
XRP bearish sentiment hits extreme fear, signaling a potential sharp price rebound soon.

XRP bearish sentiment hits extreme fear, signaling a potential sharp price rebound soon.

After a 72% price drop, XRP has reached extreme bearish sentiment, with heavy short interest and negative funding rates on Binance. Analysts like Crypto Patel see this as a contrarian buy signal, noting past rebounds of over 100% after similar condit...

Technical Signals
Bullish
4 hours ago
Frontline plc rated Strong Buy with 42% upside and 9.3% dividend yield amid strong tanker rates.

Frontline plc rated Strong Buy with 42% upside and 9.3% dividend yield amid strong tanker rates.

Frontline plc, a leading crude oil tanker company, is rated a Strong Buy with a $52 price target, suggesting a 42% potential gain from current prices. The company has secured 82% of its VLCC tanker days at a high rate of $181,700 per day for Q2, supp...

Analyst Insights
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App