Mark Yusko predicts Bitcoin will soar to $150,000 this year. He advises allocating 1-3% of portfolios to Bitcoin, which he believes is more valuable than gold. He cites the launch of Bitcoin ETFs and the upcoming Bitcoin halving as drivers of its growth. Yusko expects Bitcoin to surge after the halving, which limits its supply, and potentially reach $150,000.
The Toronto Stock Exchange (TSX)'s parent company acquired VettaFi, an ETF education company, to expand its global ETF offerings. This move capitalizes on the continued popularity of ETFs, despite recent market slowdowns. The TSX aims to facilitate ETF creation, attract international investors, and leverage Canada's economic advantages with new ETFs. Since the acquisition announcement, the TSX's shares have increased by 11%, reflecting investor confidence in the company's growth strategy.
