Core Insights - The cryptocurrency industry experienced significant excitement when Bitcoin reached a new all-time high of over $126,000 in early October 2025, with many claiming it had established itself as the world's top asset [1] - Bitcoin is often compared to gold, with proponents labeling it as "digital gold" due to both assets having limited supply and being viewed as stores of value against inflation [2] - Following a crypto flash crash on October 10, 2024, Bitcoin struggled to recover, while gold saw increased demand, reaching new all-time highs [3] Performance Comparison - Since 2022, Bitcoin has surged by 429%, outperforming gold's 177% increase, silver's 350% rise, and the Invesco QQQ's 140% gain [4] - Despite a challenging period, Bitcoin has been described as having "spanked everything so bad" in 2023-24, indicating its strong performance relative to other assets [5] - The current sentiment among Bitcoin maximalists is low, but analysts suggest this perspective may be short-sighted, as Bitcoin is seen to be taking a necessary pause to align with its institutional narrative [5]

A pair of intriguing value stocks are standing out after exceeding Q4 earnings expectations on Tuesday morning with respect to auto giant General Motors (GM)  and investment management leader Invesco (IVZ) .Spiking over +50% in the last year respectivley, GM and Invesco stock have impressively outperformed the broader market. That said, both stocks are still trading at noticeable discounts to the benchmark S&P 500 and many of their respective industry peers in terms of various valuation metrics.Following th ...

Key Takeaways Invesco's Q4 AUM rose 2.1% sequentially to $2.17T, driven by market gains and net long-term inflows.Performance fees are estimated to surge to $30.8M, up from $6.5M in the prior quarter.IVZ reclassified QQQ into an open-end ETF and partnered with LGT to expand private market access.Invesco (IVZ) is scheduled to announce fourth-quarter and full-year 2025 results on Jan. 27, before market open. The company’s quarterly earnings and revenues are expected to have witnessed a rise on a year-over-yea ...

| (in billions) | Total | ETFs & Index | Fundamental Fixed | Fundamental Equities | Private Markets | China JV | 2Multi Asset/Other | Global Liquidity | QQQ | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | Strategies | Income | | | | | | | | 1December 31, 2025 | $2,169.9 | $630.2 | $311.5 | $298.4 | $130.7 | $132.5 | $69.7 | $189.7 | $407.2 | | November 30, 2025 | $2,154.3 | $628.0 | $309.7 | $299.2 | $129.7 | $125.7 | $68.7 | $190.3 | $403.0 | | October 31, 2025 | $2,166.6 | $621.4 | $ ...

As bitcoin (BTC) moved into European trading hours, it quickly retreated toward $90,000, erasing gains made during the Asian session where it traded above $92,000. Bitcoin has now turned negative on the day as tensions between Federal Reserve Chairman Jerome Powell and President Donald Trump continue to weigh on markets. Traditional safe haven assets continue to outperform, with both gold and silver printing new all time highs. Gold is trading near $4,600 per ounce, while silver is up more than 5% at ov ...

Core Insights - Invesco Ltd.'s QQQ Trust, Series 1, has transitioned to an open-end exchange-traded fund (ETF) structure, approved by its shareholders, along with a new governance model featuring a board of trustees [1][7]. Group 1: Rationale and Benefits of the Move - The QQQ Trust has been operating under a unit investment trust (UIT) structure since its inception in 1999, which has become less efficient compared to modern ETFs, limiting capabilities such as reinvesting dividends and securities lending [2]. - The reclassification aims to align QQQ with contemporary ETF models, enhancing operational efficiencies and reducing the expense ratio, which is expected to drive revenue growth [2][3]. - The total expense ratio for Invesco QQQ will decrease from 0.20% to 0.18%, providing direct benefits to shareholders [3]. Group 2: Strategic Implications - The new structure will enable the fund to reinvest income and engage in securities lending without tax consequences for investors, while still tracking the Nasdaq-100 Index [3][7]. - Invesco's CEO highlighted the transformation as a means to enhance flexibility and improve outcomes for investors, while also aiming to grow assets under management, which would subsequently increase revenues [4]. Group 3: Market Performance - Invesco's shares have experienced a significant increase of 80.8% over the past six months, contrasting with a 2.1% decline in the industry [5]. - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating strong market confidence [8].

Core Insights - Invesco QQQ Trust has undergone a significant restructuring, transitioning from a unit investment trust ETF to an open-end fund ETF, which is expected to reduce investor fees by 10% [1][2][3] Fund Structure and Fees - The total expense ratio for Invesco QQQ will decrease from 0.20% to 0.18% as part of the conversion [2] - The new structure allows for reinvestment of income and participation in securities lending, with no tax implications for investors [2] Management and Strategy - Andrew Schlossberg, President and CEO of Invesco, emphasized the importance of this transformation in delivering better outcomes for investors and responding to client needs [3] - The modernized QQQ will continue to track the Nasdaq-100 Index, which includes the 100 largest non-financial companies listed on the Nasdaq [3] Innovation and Product Offering - The reclassification aligns with Invesco's goal to provide innovative ETF solutions, enhancing access to the Nasdaq-100 Index [4] - Invesco QQQ remains a key component of the Invesco QQQ Innovation Suite, which offers a range of ten differentiated ETFs for customized exposure to the index [4][5] Assets Under Management - As of November 30, 2025, the assets under management for the Invesco QQQ Innovation Suite total approximately $474.7 billion, the highest among providers tracking the Nasdaq-100 Index [5] Company Overview - Invesco Ltd. is a leading global asset management firm with $2.1 trillion in assets under management as of September 30, 2025, serving clients in over 120 countries [6]

Economist Peter Schiff asked Bitcoin (CRYPTO: BTC) holders to sell some of their BTC following Tuesday’s rally and invest in silver instead.Schiff Cheers Silver, Derides BitcoinIn an X post, Schiff cheered silver’s new all-time high above $60 per ounce, following an almost 5% intraday rise.“As I forecast, once silver took out the $50 long-term double top, it would be off to the races,” said Schiff, one of the most vocal advocates of precious metal assets.Schiff also used the opportunity to poke fun at Bitco ...

Key Takeaways IVZ surged as QQQ's move to an open-end ETF is expected to unlock better efficiency and lower expenses.AUM growth, cost synergies and global expansion continue to support IVZ's broader momentum.IVZ still faces weak top-line trends and high intangible assets that have weighed on past financials.Invesco’s (IVZ) shares touched a new 52-week high of $26.39 in Friday’s trading session, supported by investor optimism around the Invesco QQQ exchange-traded fund’s (ETF) pending reclassification alongs ...

Core Viewpoint - Tradr ETFs has launched the Tradr 1X Short Innovation 100 Monthly ETF (BATS:SMQ), the first ETF providing inverse (-100%) monthly-reset exposure to the Invesco QQQ (NASDAQ:QQQ), aimed at active market participants [1]. Group 1: Product Features - The SMQ ETF allows traders to express medium-term bearish views on the QQQ benchmark without the complications associated with traditional daily-reset leveraged products [2]. - Unlike daily-reset leveraged ETFs, the SMQ is designed to return the opposite of QQQ's performance over a full calendar month, making it a counterpart to Tradr's existing bullish product, the Tradr 2X Long Innovation 100 Monthly ETF (NASDAQ:MQQQ) [3]. - The monthly-reset mechanism minimizes distortions and is more suitable for traders focusing on multi-week themes and macro catalysts [5]. Group 2: Market Position and Strategy - Tradr ETFs is expanding aggressively in the leveraged ETF space, having pioneered the first single-stock leveraged ETFs in 2022 for companies like Tesla and Nvidia, and now manages 54 leveraged ETFs with nearly $2 billion in assets [6]. - The company claims its products offer a simplified solution compared to margin accounts or options strategies, providing precise directional exposure through conventional brokerage platforms [7]. - With the introduction of SMQ, Tradr aims to cater to sophisticated investors seeking leverage without the drag associated with daily reset products [7].