Money market mutual funds articles
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As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN
As Tax-Season Ebbs, Money-Market Funds See Return Of Inflows; Fed's Bank Bailout Fund Remains At $126BN After the prior week's almost unprecedented outflows, total money market fund assets rose last week (admittedly by a modest $9.1BN), but remain below the $6TN level ($5.97TN) as tax-season draws roll off Source: Bloomberg The flows into money-market fund assets through April 24 mainly on the back of inflows by institutional investors, which had led the tax-related decline the...
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BlackRock tokenizes Money Market Fund on Hedera, HBAR soars
Archax, Ownera and The HBAR Foundation have enabled the first tokenization of BlackRock’s money market fund (MMF) on Hedera. This is a major development in the real-world assets (RWAs) industry and comes after abrdn plc tokenized its MMFs on Hedera last year. The crypto world has witnessed a historic moment in the real-world assets (RWAs) […]
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What this NFL Draft pick plans to do with his new money—from mutual funds and a Roth IRA to Air Jordan 1 sneakers
Braden Fiske, drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft, says he already has a financial advisor and a Roth IRA.