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The KRE Regional bank ETF continues to slump down over 12% on the week. The KRE ETF (SPDR S&P Regional Banking ETF) is an exchange-traded fund that seeks to track the performance of the S&P Regional Banks Select Industry Index. The index comprises publicly traded regional banks and thrifts, which are small- to mid-sized banks that primarily focus on local and regional customers.

ETF Newz Says:

The ETF is totally oversold, but with the Fed Raising rates and massive shorts in many of these stocks there is no safe entry point here.


Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

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