Simplify Asset Management launched the Simplify VettaFi Private Credit Strategy ETF (NYSE: PCR), tapping into one of the most talked-about themes in 2025: private credit. The fund, which carries a net expense ratio of 0.76%, aims to provide investors with a blend of income and capital appreciation while mitigating some of the risks typically associated with the asset class.PCR is at important technical levels. See the trading setup here.PCR tracks the VettaFi Private Credit Index (VPCIX), which gains exposu ...

A group of key Republican lawmakers in the House of Representatives signaled support for the Trump administration's move to allow alternative assets, including cryptocurrencies, in 401(k) plans. House Financial Services Committee Chairman French Hill, R-Ark., and Subcommittee on Capital Markets Chair Ann Wagner, R-Mo., were joined by seven other GOP lawmakers when they wrote to Securities and Exchange Commission (SEC) Chairman Paul Atkins on Monday to express support for the move.They said President Donald ...

SEC-Registered Crypto Platforms. Photo by BeInCrypto SEC Chairman Paul Atkins said the US Securities and Exchange Commission (SEC) plans to introduce a new “innovation exemption” by December, allowing crypto firms to launch products faster. He explained that the change would let companies deploy services first and move into compliance later, giving the market what he called a more stable platform for innovation. SEC Recasts Oversight Amid Policy Shift Since President Donald Trump took office in January, ...

Another all-time high today for gold. A record breakout drawing big interest in the ETF market as you might expect. Dom Chu is following that in today's ETF edge.Domino. All right, so Scott, alternative assets becoming a lot more popular in recent years. But now that the Fed has more or less laid out a rate path, how are all of these alts and the ETFs that track them changing.Joining me now is Paisley Nardini, managing director and head of multi-asset solutions at Simplify Funds. Scott mentioned gold. Is go ...

Group 1 - Reckoner Capital Management has appointed Richard Hoge to expand its ETF offerings, currently limited to one product [2] - The firm launched its $33 million Leveraged AAA CLO ETF (RAAA) in July, as part of a strategy to build a global credit platform [2] - CEO John Kim emphasized the importance of ETFs in making alternative assets accessible to a broader range of investors [3] Group 2 - The ETF market is experiencing significant growth, with record sales and a surge of new products, but is largely dominated by major players like BlackRock, Vanguard, and State Street [3] - Reckoner aims to differentiate its ETFs by focusing on unique strategies rather than replicating existing products, avoiding areas like private credit due to liquidity concerns [3] - Hoge's extensive experience in law and taxation is expected to contribute to innovative product development within the ETF space [4]

Core Insights - Kevin O'Leary made a record-breaking purchase of a Kobe Bryant and Michael Jordan dual-logoman collectible trading card for $12.9 million, highlighting the financial potential of rare collectibles [3][8][9] - O'Leary views collectibles as alternative investments comparable to gold and bitcoin, emphasizing their rarity and appreciation potential [3][4][10] Investment Perspective - The purchase is part of a broader trend where collectibles are seen as viable investment assets, similar to traditional alternative investments like gold and cryptocurrency [4][10] - O'Leary's interest in collectibles was sparked by his collaboration with Fanatics CEO Michael Rubin, who acquired Topps Trading Cards, leading him to explore high-value trading cards [2][4] Market Dynamics - The collectible card market is gaining traction, with O'Leary noting that the emotional connection and uniqueness of items drive their value, akin to fine art [10][11] - The card purchased is described as the "finest modern basketball card in the world," indicating a growing recognition of the collectible market's value [8][10] Collectibles as an Asset Class - O'Leary's strategy includes forming a "collector advisory board" and potentially launching a fund related to Secure Collectibles, which focuses on lending, sourcing, and private sales of collectibles [1][3] - The emotional and generational appeal of collecting is highlighted as a key factor in the market's growth, with O'Leary suggesting that it fosters entrepreneurial skills [9][10]

Investment Strategy - Bank of America will offer investments in private equity funds to its ultra-wealthy clients [1] - More financial firms are giving access to alternative assets to a broader range of millionaires [1]

Regulatory Change - The executive order facilitated alternative asset investments within 401(k)s and other retirement accounts [1] Industry Impact - The executive order has ignited discussions regarding the advantages and disadvantages of incorporating alternative assets into retirement portfolios [1]

Regulatory & Legal Landscape - Legal implications of Roman Storm case verdict on crypto tools are discussed [1] - Money transmission laws' broader implications on crypto tools are examined [1] - FinCEN guidance on privacy tools and its impact are analyzed [1] - Samourai Wallet case and the judicial environment are reviewed [1] Institutional Bitcoin Adoption - TradFi (Traditional Finance) perspective on Bitcoin is introduced [1] - Executive order on 401(k) modernization and alternative assets, including crypto, is highlighted [1] - Discussion on 401(k) plans, fiduciary responsibilities, and crypto inclusion takes place [1] - TradFi Bitcoin adoption and ETF flows are discussed [1] Market Dynamics & Security - Spot ETF in-kind redemption is explained [1] - Discussion about a sale of 80,000 BTC is mentioned [1] - Quantum computing and Bitcoin's future security challenges are considered [1]

Policy & Regulation - President Trump signs executive order, opening 401(k) access to crypto and alternative assets [1] Investment Opportunity - The executive order may create new investment opportunities in crypto and alternative assets for 401(k) holders [1]