Core Viewpoint - Lazard Global Total Return and Income Fund, Inc. has announced a monthly distribution of $0.15340 per share, payable on February 23, 2026, to shareholders of record on February 10, 2026, as part of its Managed Distribution Policy [1]. Distribution Details - The current distribution consists of $0.00078 from net investment income (1%), $0.15262 from return of capital (99%), and totals $0.15340 per share [2][3]. - Cumulative distributions for the fiscal year to date amount to $0.15340 per share, with 0.83% of cumulative fiscal year distributions as a percentage of NAV as of December 31, 2025 [3]. Performance Metrics - The average annual total return in relation to NAV for the 5-year period ending December 31, 2025, is 7.40% [3]. - The annualized current distribution rate expressed as a percentage of NAV as of December 31, 2025, is 10.02% [3]. - The cumulative total return in relation to NAV for the fiscal year through December 31, 2025, is 15.34% [3]. Investment Strategy - The Fund's investment objective is total return, focusing on capital appreciation and current income, with net assets invested in a portfolio of approximately 60 to 80 US and non-US equity securities, including those with market capitalizations greater than $2 billion [7]. - The Fund may also invest in emerging market currencies and debt obligations, including government and corporate obligations [8].

Core Viewpoint - Bitwise Asset Management launched the Bitwise Proficio Currency Debasement ETF (BPRO) on NYSE Arca, combining Bitcoin with gold and other precious metals to hedge against currency devaluation [1][7]. Company Overview - Bitwise manages over $15 billion in client assets and partnered with Proficio Capital Partners, which manages approximately $5 billion in client assets [2][3]. - Proficio's co-founder Bob Haber has a notable background, having served as Chief Investment Officer of Fidelity Investments Canada for 12 years [3]. Fund Strategy - The BPRO ETF maintains at least 25% in gold and includes additional precious metals and mining stocks, with fund managers adjusting holdings based on market conditions [1][6]. - Bitwise's Chief Investment Officer, Matt Hougan, emphasized the fund's combination of gold's historical scarcity and Bitcoin's modern digital scarcity, addressing concerns over the traditional stock and bond mix [4]. Market Context - BPRO enters a competitive market with existing products like Quantify Funds' BTGD and 21Shares' BOLD, with BPRO's expense ratio of 0.96% being lower than BTGD's 1.05% [5]. - The launch aligns with a growing investor interest in physical assets like gold, which recently reached record prices above $4,900 per ounce amid discussions on currency devaluation [7].

Core Insights - The number of stock and bond funds has decreased by 1,651 over the past decade, indicating significant consolidation in the market [1][5] - Lower fees are increasingly contributing to outperformance in investments, making expense ratios a critical factor for investors when selecting funds [2][3] - The trend of falling average expense ratios, which are now over 50% cheaper for stock and bond mutual funds and ETFs, has been a dominant investment trend for the last 25 years [3] Fund Performance and Selection - Fee differences are becoming more significant in explaining performance margins between funds, suggesting that expenses should be a top consideration for investors [2] - DIY investors tend to be more cost-conscious, while casual investors may not thoroughly research fund options, relying instead on recommendations [4] - A fund with a 1% fee must outperform one with a 0.50% fee by more than half a percent to be considered a better investment [4] Market Dynamics - The net loss in stock and bond fund volumes is nearing levels not seen since the Great Recession, with the remaining funds generally being older and newer funds underperforming [5] - Newer funds are struggling to keep pace with older funds before fees, which may indicate a lack of new fund launches and increased competition among higher-performing funds [6]

Laser Digital, Nomura’s digital asset arm, has launched the Bitcoin Diversified Yield Fund SP (BDYF), an upgraded version of its 2023 Bitcoin Adoption Fund that was introduced well before the first Bitcoin ETFs. The new vehicle combines long Bitcoin exposure with market-neutral income strategies, targeting excess returns on top of Bitcoin performance for accredited investors outside the US. According to a press release on January 22, the fund is structured as a natively tokenized Cayman fund, with BDYF i ...

LOS ANGELES, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming February 2, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Blue Owl Capital Inc. (“Blue Owl” or the “Company”) (NYSE: OWL) securities between February 6, 2025 and November 16, 2025, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR OWL INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CL ...

Core Insights - U.S.-listed Bitcoin and Ethereum exchange-traded funds (ETFs) experienced over $1 billion in outflows on January 21, indicating a significant shift in investor sentiment during a broader market downturn [1][2][3] - Smaller altcoin-linked products, particularly those associated with Solana and XRP, saw net inflows, suggesting differing institutional positioning amid recent market volatility [1] Bitcoin ETFs - Bitcoin ETFs recorded their largest one-day redemption since November, with outflows coinciding with a rally in conventional risk assets due to improved geopolitical conditions [3] - The iShares Bitcoin Trust at BlackRock had the highest outflow of $356.64 million, followed by Fidelity's FBTC with $287.67 million; Grayscale's GBTC has seen a total cumulative net outflow exceeding $25 billion since its conversion [4] - Despite recent outflows, Bitcoin ETFs have registered weekly net outflows of $1.19 billion, while January remains slightly positive overall with net inflows of $17.56 million [5] Ethereum ETFs - Ethereum ETFs mirrored the selling pressure seen in Bitcoin, with net outflows of $297.51 million on January 21, primarily driven by BlackRock's ETHA, which accounted for over $250 million of the redemptions [6] - Despite the outflows, Ethereum ETFs maintained close to $18.3 billion in assets, representing roughly 5% of Ethereum's market capitalization [7] - Ethereum briefly reclaimed the $3,000 level before declining to around $2,900, reflecting a nearly 13% decrease over the past week [7]

Core Insights - The market in 2025 is facing significant concentration risk, with nearly half of the performance in 2024 attributed to the "Magnificent Seven" tech companies. By the end of the previous month, only 2% of S&P 500 constituents accounted for almost 40% of the index's total performance [1][2]. Group 1: Concentration Risk - Concentration risk remains a major issue as investors seek diversification, primarily due to the dominance of megacap tech companies expected to yield substantial returns [2]. - Active investing strategies are suggested as a solution to mitigate concentration risk, contrasting with passive strategies that replicate market indexes [2][3]. Group 2: Active vs. Passive Strategies - Active ETFs utilize bottom-up portfolio construction based on fundamental research, which can lead to outperformance and diversification away from excessive market exposure [3]. - Active management allows for adaptability in response to challenges faced by large firms, providing a significant advantage over passive funds that must adhere to index tracking [4]. Group 3: Investment Opportunities - Funds like the T. Rowe Price Capital Appreciation Equity ETF (TCAF) are highlighted for their active approach aimed at capital appreciation, suggesting that active funds are worth considering for portfolio refreshment [5].

Core Insights - Ethereum's price recently experienced significant volatility, dropping below $3,000 and reaching an intraday low of approximately $2,870 before stabilizing [1] - BlackRock emphasizes Ethereum's long-term value as a critical infrastructure for tokenization rather than merely a speculative asset [2] Tokenization and Market Position - Ethereum is described as the "toll road" for tokenization, highlighting its essential role as more financial instruments transition to on-chain systems [2] - Approximately 65% of all tokenized assets are currently on Ethereum, indicating a near-monopolistic position in the tokenization market [3] - The real-world asset (RWA) market has seen tokenized RWAs reach an all-time high of around $21 billion, with Ethereum accounting for about $11.6 billion, or 55% of the total RWA market [4] Network Effects and Institutional Behavior - The concentration of tokenized assets on Ethereum suggests that its advantages are compounding, as issuers prefer to build on established networks with liquidity and security [5] - Long-term holders of Ethereum are showing a positive net position change, indicating a shift from selling to accumulation, which may support price stability and recovery [6][7] Price Recovery and Market Sentiment - Ethereum's price is currently around $2,997, having rebounded from lows of $2,870, with the $3,000 level being a critical psychological threshold for traders [8]

NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP: Do you, or did you, own shares of Blue Owl Capital Inc. (NYSE: OWL)? Did you purchase your shares between February 6, 2025 and November 16, 2025, inclusive? Did you lose money in your investment in Blue Owl Capital Inc.? Do you want to discuss your rights? Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Blue Owl Capital Inc. (“Blue Owl” or the “Company”) (NYSE: OWL) investors of an upcoming deadline involvin ...

Core Viewpoint - Strive, Inc. has announced a follow-on offering of 1,320,000 shares of its Variable Rate Series A Perpetual Preferred Stock at an offering price of $90 per share, which is an increase from the previously announced $150 million transaction size [1][2]. Group 1: Offering Details - The total issuance represents up to 2.25 million shares of SATA [1]. - The offering proceeds will be used to finance the redemption and repayment of Semler Convertible Notes, acquire bitcoin and bitcoin-related products, and for working capital [2][3]. - Strive plans to enter into exchange agreements with holders of Semler Convertible Notes, exchanging $90 million principal amount for approximately 930,000 new shares of SATA Stock [3]. Group 2: Dividend Structure - The SATA Stock accumulates cumulative dividends at a variable rate of 12.25% per annum on a stated amount of $100 per share, payable monthly in arrears starting February 15, 2026 [4][5]. - Strive has the discretion to adjust the monthly regular dividend rate, subject to certain restrictions, and intends to maintain the stock price within a long-term range of $95 to $105 per share [4][6]. Group 3: Redemption Rights - Strive has the right to redeem all or any number of shares of SATA Stock at a cash redemption price of $110 per share, plus any accumulated and unpaid dividends [7]. - Redemption can occur if the total number of outstanding shares falls below 25% of the total shares issued or if certain tax events occur [7][8]. Group 4: Company Background - Strive is the first publicly traded asset management Bitcoin treasury company, holding approximately 12,797.6 bitcoin as of January 16, 2026, and managing over $2.3 billion in assets since launching its first ETF in August 2022 [13].