Understanding diversity in crypto and blockchain on Womenâs Day 2021 Listen to article Press Release
Blockchain technology and the crypto industry are certainly new and offer several opportunities to everyone regardless of gender, but it is a misconception that the diversity issue exists in this industry as well!
Although Bitcoin (BTC) has been in existence for over 10 years and has been breaking new records, we havenât witnessed equal percentages yet when it comes to womenâs involvement. In comparison with other existing industries, blockchain is no different: The state of diversity and inclusion exists in this space, too. This might lead the industry to have biased and inferior blockchain and crypto products, as rightly pointed out by Susan Joseph, head of nonprofit organization Diversity in Blockchain.
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Investing in blank-check companies has made hedge funds big winners in the SPAC boom.
Some market insiders are wary that SPAC mania may be bad news for mom-and-pop investors.
Insider spoke with a dozen people to understand what s driving the SPAC boom and how it ll end.
Hedge funds have been big winners in the blank-check-company mania that s gripped markets over the past year to the point that some industry veterans are wary of what they re seeing.
Mark Yusko
Morgan Creek Capital Management launched the third ETF to capitalize on the SPAC boom.
Founder Mark Yusko breaks down the strategy and how it could be beneficial in a bear market.
Yusko, a crypto bull, shares 3 other sectors to watch amid the SPAC frenzy.
Special Purpose Acquisition Companies have been among the most talked-about investing trends of the past year. After all SPAC launches in 2020 more than tripled from 2019, according to SPAC Insider.
Everyone seems to have one, from Colin Kaepernick to Bill Ackman to Billy Beane. Now, they are even the subject of a rap song called SPAC Dream , which has over 98,000 YouTube views.
Mark Yusko on SPACs The head of RIA Morgan Creek Capital recently launched an ETF to diversify investments in the blank-check companies.
Special purpose acquisition companies, or SPACs, made up most of the growth in the U.S. initial public offering (IPO) market last year. In 2020, SPACs raised $79.9 billion in gross proceeds, topping the 2019 record of $13.6 billion, according to Nasdaq.
There is even a SPAC focused on acquiring firms in the wealth management space, guided in part by Larry Roth, former CEO of broker/dealer Cetera and a long-tenured executive in the financial advisory industry.
However, SPACs have also received a fair amount of bad press, with many pointing to subpar returns for investors.
The V-shaped recovery in the stock market is gathering serious momentum. The S&P 500 is now 75% higher than its low point last March. The Nasdaq has more than