Latest news with #TidalFinancialGroup
Business Upturn
3 days ago
- Business
- Business Upturn
Unity Wealth Partners and Tidal Financial Group Announce the Closure of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP)
By GlobeNewswire Published on May 31, 2025, 01:38 IST MILWAUKEE, May 30, 2025 (GLOBE NEWSWIRE) — Tidal Financial Group and Unity Wealth Partners today announced the upcoming closure and liquidation of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP). The Board of Trustees of Tidal Trust III has determined that closing and liquidating the fund is in the best interest of the fund and its shareholders. The Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (the fund) will cease trading on the Nasdaq at the close of regular trading on June 13, 2025 (the 'Closing Date'), and will no longer accept creation orders as of that date. Shareholders may sell their holdings in the fund prior to the Closing Date through standard brokerage transactions, which may be subject to customary brokerage fees. After June 13, 2025, shareholders will be unable to buy or sell shares on an exchange and may only redeem shares through select broker-dealers. There is no assurance that there will be an active market for the fund during the period between the Closing Date and Liquidation. Between June 13, 2025 and June 20, 2025 (the 'Liquidation Date'), DCAP will begin liquidating its holdings and increasing its cash position in preparation for final distribution. During this period, the fund's portfolio will depart from its stated investment strategy and objective. On or around June 20, 2025, DCAP will distribute its remaining net assets to shareholders of record who have not sold their shares prior to liquidation. This final distribution will be made in cash on a pro rata basis and will generally be treated as a taxable event. Shareholders should consult their tax advisers to understand the potential implications related to capital gains, losses, or dividends arising from the liquidation. After the distribution of net assets is complete, the fund will be officially terminated. About Tidal Financial Group Formed by ETF industry pioneers and thought leaders, Tidal Investments LLC sets out to revolutionize the way ETFs have historically been developed, launched, marketed, and sold. With a focus on growing AUM, Tidal offers a comprehensive suite of services, proprietary tools, and methodologies designed to bring lasting ideas to market. Tidal is an advocate for ETF innovation. The firm is on a mission to provide issuers with the intelligence and tools needed to efficiently and to effectively launch ETFs and to optimize growth potential in a highly competitive space. For more information, visit Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
3 days ago
- Business
- Yahoo
Unity Wealth Partners and Tidal Financial Group Announce the Closure of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP)
MILWAUKEE, May 30, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group and Unity Wealth Partners today announced the upcoming closure and liquidation of the Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (Nasdaq: DCAP). The Board of Trustees of Tidal Trust III has determined that closing and liquidating the fund is in the best interest of the fund and its shareholders. The Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (the fund) will cease trading on the Nasdaq at the close of regular trading on June 13, 2025 (the 'Closing Date'), and will no longer accept creation orders as of that date. Shareholders may sell their holdings in the fund prior to the Closing Date through standard brokerage transactions, which may be subject to customary brokerage fees. After June 13, 2025, shareholders will be unable to buy or sell shares on an exchange and may only redeem shares through select broker-dealers. There is no assurance that there will be an active market for the fund during the period between the Closing Date and Liquidation. Between June 13, 2025 and June 20, 2025 (the 'Liquidation Date'), DCAP will begin liquidating its holdings and increasing its cash position in preparation for final distribution. During this period, the fund's portfolio will depart from its stated investment strategy and objective. On or around June 20, 2025, DCAP will distribute its remaining net assets to shareholders of record who have not sold their shares prior to liquidation. This final distribution will be made in cash on a pro rata basis and will generally be treated as a taxable event. Shareholders should consult their tax advisers to understand the potential implications related to capital gains, losses, or dividends arising from the liquidation. After the distribution of net assets is complete, the fund will be officially terminated. About Tidal Financial Group Formed by ETF industry pioneers and thought leaders, Tidal Investments LLC sets out to revolutionize the way ETFs have historically been developed, launched, marketed, and sold. With a focus on growing AUM, Tidal offers a comprehensive suite of services, proprietary tools, and methodologies designed to bring lasting ideas to market. Tidal is an advocate for ETF innovation. The firm is on a mission to provide issuers with the intelligence and tools needed to efficiently and to effectively launch ETFs and to optimize growth potential in a highly competitive space. For more information, visit CONTACT: Contact Gavin Filmore at gfilmore@ for more information.
Business Insider
18-05-2025
- Business
- Business Insider
4 things traditional retirees can learn from early retirees, according to financial advisors
Early retirement isn't just for the rich. It's also for the financially savvy. Crunching numbers and pinching pennies may not be for everyone, but adopting some of the saving and investment strategies used by people aiming to retire early can help navigate market uncertainty and boost your overall growth potential. Here are four saving and investing strategies that financial advisors say traditional savers can use to reach financial independence. 1. Get serious about saving The FIRE (Financial Independence, Retire Early) lifestyle encourages young investors to boost their long-term growth potential by investing a majority of their income in the market. People pursuing FIRE tend to live a more frugal lifestyle, regardless of how much money they actually make. "If you retire at 55 and you live until you are 85 or 90, that's a lot of time in retirement," Carol Schleif, chief market strategist at BMO US Wealth Management, told Business Insider. She explained that the goal of FIRE has always been to "maximize income and spend more time enjoying retirement." FIRE encourages individuals to be more conscious consumers, live beneath their means, and not spend "every last penny." Even retirees who aim to leave work at a more traditional age can adopt a FIRE-inspired approach and increase the amount of income being dedicated to retirement savings as soon as possible. Increasing annual contributions to one of the best retirement plans, like a 401(k) plan or IRA, unlocks tax benefits while money grows with the market, benefiting from compound interest. Saving more money, however, goes hand in hand with prioritizing your budget. "Pick the three or four things that are a priority to you, spend what you want on those," Mike Venuto, cofounder and chief investment officer of Tidal Financial Group told BI. "If you approach budgeting as focusing on things you love as opposed to giving up comforts," he continued," you find that you don't end up caring about the little comforts that much." 2. Don't stress about short-term market volatility No one likes to check their stock portfolio's performance and see all red, but the FIRE community understands that these short-term fluctuations are a normal part of the business cycle. A core belief of FIRE is that the more time your money is in the market, the more it can grow. Even if there is a bear market or economic downturn, the classic buy-and-hold strategy allows investments to be part of the upswing when the market eventually recovers. "People are worried in the short run about the US dollar going down, and that bonds and equities went down," Schleif said. "If you take what happened in the last couple of years and stretch it out over the last 20 years, this is a blip in an overall long-term trend." Still, it is important to limit risk near retirement age, as you no longer have the time horizon to recover from a major loss. "There's nothing wrong with 'Vanguard and chill' for a 20-year time horizon," Venuto said. But if you are only a few years away from retiring, he suggests reducing your stock allocation, investing more in fixed-income assets, and building up your cash reserve. 3. Diversify your portfolio Whether you are part of the FIRE movement or are a traditional retirement saver, experts always recommend portfolio diversification within and throughout various market sectors. This not only limits risk if one area of the market declines, but it also allows investments to benefit from the areas of the market that are seeing growth. "Diversification is like owning insurance in your portfolio," Schleif said. "You don't buy the insurance when the house is burning down. You have the insurance ahead of time." Venuto said ETFs are one of the easiest and most affordable ways to diversify your portfolio. "The ETF structure for a taxable investor will always be a better return than a mutual fund or annuity," Venuto said. "It has the lowest fees and the most tax efficiency." Low-cost, broad-based mutual funds can be good in retirement accounts, "but if you're not investing in a 401(k) plan or one of the best IRA accounts, the ETF is a far superior vehicle," Venuto said. Compare Today's Rates 4. Learn as much as you can about money Financial education and community support are key in the FIRE movement, especially since many young adults start their careers not knowing much about topics like creating a financial plan or the importance of early retirement saving. From online chat boards and YouTube channels to in-person camps, FIRE offers multiple ways for people to get involved and learn financial literacy for themselves and their families. "There's a push to teach children about FIRE before they have money because we very much live in a consumer culture," Venuto said. You don't have to be committed to the FIRE lifestyle to follow FIRE influencers or join online communities for valuable finance knowledge and tips. Sure, a financial advisor is best for professional advice, but if you can't afford it — or prefer learning from like-minded savers —the FIRE community is a great place to start. "Folks are trying to learn from each other how to be a more conscious consumer," said Schleif. "Many FIRE habits stem from younger generations who were influenced by the devastation that older generations faced in '08 and '09."
Time of India
10-05-2025
- Business
- Time of India
Wall Street brings the Bitcoin versus Gold clash to ETF masses
The culture clash between Bitcoin enthusiasts and gold bugs is about to be played out in the world of exchange-traded funds. Tidal Financial Group this week filed to launch a pair of long-short trades — pitting the world's biggest cryptocurrency against the shiny metal, and vice versa — offering investors a high-conviction bet on the best alternative hedge, in one fell swoop. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo Packaged under the Battleshares brand, the novel exchange-traded funds would monetize the long-running debate about the ultimate store of value for those fearing everything from trade wars and geopolitical stresses to fiscal and monetary largesse. The ideological divide among the retail and institutional masses has raged since Bitcoin was born from the ashes of the 2008 crisis, and it comes just as both assets have surged over the past year on starkly different narratives. Crypto Tracker TOP COIN SETS AI Tracker 23.58% Buy Smart Contract Tracker 21.41% Buy BTC 50 :: ETH 50 18.65% Buy Web3 Tracker 18.64% Buy Crypto Blue Chip - 5 13.33% Buy TOP COINS (₹) BNB 56,647 ( 4.59% ) Buy XRP 203 ( 1.29% ) Buy Ethereum 202,134 ( -0.02% ) Buy Tether 85 ( -0.03% ) Buy Bitcoin 8,855,507 ( -0.25% ) Buy The ETFs would, if launched, use a number of different tools to do so, including short sales of securities, swaps and options, according to paperwork submitted to the US Securities and Exchange Commission. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Battleshares declined to comment. Live Events 'This is a kind of 'victory' for me,' said Dhaval Joshi, chief strategist at Counterpoint, who has long argued Bitcoin and gold belong to the same 'non-confiscatable' asset class — immune to inflation, capital controls, or seizure. 'Bitcoin will gradually grab market share from gold. So long BTC/short gold should trend higher over time, while short BTC/long gold will trend lower.' Still, the zero-sum proposition has critics. 'It feels gimmicky and unnecessary,' said Brent Donnelly, president of Spectra FX Solutions. 'Most people bullish on Bitcoin are also bullish on gold. These ETFs just add friction to a trade investors could already make by pairing low-cost ETFs like IBIT and GLD,' referring to BlackRock Inc.'s spot Bitcoin ETF and State Street Corp.'s gold fund — both of which have extremely low fees. This year, gold has notched successive records on haven demand as the trade war stoked fears over the safety of US assets, while Bitcoin plunged in the tariff-spurred turmoil in early April in sympathy with risky stocks. Now, as the White House seeks to ink trade agreements, Bitcoin has roared back in an era in which the US government is going all-in on digital finance. 'Bitcoin continues to trade as a risky asset, tracking Nasdaq very closely with a few exceptions,' said Donnelly. 'Gold is more of a 'Sell America' proxy these days.' Regardless of the diverse storylines anchoring both assets, gold and crypto have been touted by wealth managers as diversifying assets that offer insurance against the risk of currency debasement and related cracks in the traditional financial order. These are grand claims and FOMO may be more to do with it. Investors have poured more than $14 billion into four major gold ETFs this year alone and $8 billion has been added to the four top Bitcoin ETFs. Risk Appetite Endures Battleshares, the upstart product manager, has been seeking to seize on the next evolution of pair trading. Thus far, it's only product is Battleshares TSLA vs F ETF (ticker ELON), a long position on Elon Musk's Tesla Inc. paired with a short position on Ford Motor Co., according to its website. Launched in February with a 1.29% expense ratio, the fund has barely nabbed $1 million in assets. The firm has since filed for a slew of such ETFs that seek to employ long-short bets including Coinbase Global Inc. versus Wells Fargo & Co. and Eli Lilly & Co. against Taco Bell-owner Yum! Brands Inc., among others. Battleshares isn't the first to test pair-trading strategies. Increasingly, smaller firms and mainstream Wall Street issuers alike have flooded the market with typically higher-fee ETFs offering souped up securities and derivatives products this year with differing leverage and return profiles. Derivatives-based ETFs, a fast-expanding category that includes single-stock funds that offer juiced up or inverse returns on one company, have boomed since 2019 when US regulators eased constraints for launching new funds. Many of these are popular among the retail-trading crowd whose appetite for risk pushes them to the riskiest corners of the market on the promise of big payouts on volatile moves. Still, risk appetite remains as markets staged a gravity-defying rebound last month. And this week, Bitcoin topped $100,000 on Thursday as gold declined following the Federal Reserve's decision to keep rates steady. The tussle between the two may very well continue but to Charlie Morris of Bytetree Asset Management, Bitcoin should beat gold and take away the latter's market share long term. 'I believe Bitcoin and gold both benefit from this era of macroeconomic uncertainty, but at different times,' said the chief investment officer, whose firm runs BOLD, an exchange-traded product that allocates both to gold and Bitcoin. 'Gold tends to do better when there is geopolitical uncertainty, and Bitcoin when things are going well.'
Bloomberg
09-05-2025
- Business
- Bloomberg
Goldman to Wind Down ETF Accelerator, Shift Servicing to Tidal
Goldman Sachs Group Inc. will wind down its ETF Accelerator platform that helped asset managers launch, list and oversee exchange-traded funds, transferring servicing responsibilities for trusts that house about $5 billion of the products to Tidal Financial Group. Tidal will take over servicing — which can include back-office tasks such as trade-execution support and compliance, among other things — for two trusts that house 12 ETFs launched under the Accelerator unit, the firms confirmed to Bloomberg News.
