Digital World Ascends to Greater Heights While Valkyrie Bitcoin ETF Drowns

Published on
October 22nd, 2021
Duration
32 minutes

Earnings, Acquisitions, and Supply Chains–Where Are the Buy Signals?


Digital World Ascends to Greater Heights While Valkyrie Bitcoin ETF Drowns

Daily Briefing ·
Featuring Jim Bianco and Maggie Lake

Published on: October 22nd, 2021 • Duration: 32 minutes

Former President Donald Trump’s new social media company is skyrocketing on Wall Street, sparking speculation about whether this is the next meme stock. Meanwhile, current U.S. President Joe Biden backs away from hiking corporate taxes to fund his infrastructure and spending bill and is devising how to end the filibuster role in the Senate. Across the ocean in China, Evergrande is pulled back from the brink of default with a bond coupon, earning itself another week to pay its interest. And in the crypto world, Valkyrie launches its own Bitcoin Futures ETF today on the Nasdaq, but it sunk into the shadows of the ProShares ETF launched earlier this week. Jim Bianco, president of Bianco Research, joins to unravel this packed day in price action. Interviewed by Maggie Lake. Want to submit questions? Drop them right here on the Exchange: https://rvtv.io/3ngJqN7

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