Bitwise Asset Management is integrating its crypto model portfolios into Parrot Finance's retail investing app. This partnership aims to test if professional crypto allocation frameworks can reach retail investors through automated software, moving beyond traditional advisor dashboards.
Retail traders are finding the crypto market increasingly boring as institutional investors dominate, leading to reduced volatility and a shift towards traditional assets. Consumer trading volume on Coinbase dropped 35% in Q1, while activity on retail-focused networks like Base has also declined.
Retail traders are buying calls at the heaviest 10-day clip since 2021, with 52% of new positions being call-buying, amid a surge in tech stocks and a new record for the Nasdaq-100.
US employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the world’s largest economy firming recent labour market gains but analysts warning of underlying weakness. “Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labour Statistics (BLS) said. The gains mainly came in the healthcare, transport and warehousing and retail trade sectors. US job...
Robinhood’s publicly-traded fund aims to give retail investors exposure to AI startups like OpenAI, without accreditation requirements.
