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Just in case you haven't heard (amazing), the price of Bitcoin reached over $40,000 last week as more institutional investors have decided to gain exposure to the digital asset/currency.

Most everyone probably knows what the headline is referring to, but just in case, it;s the current market cap of Bitcoin.

Back in March, hardly anyone in the wealth management industry had the faintest idea how long most of us would be working remotely. As 2020 draws to a close, with some companies changing their practices to make remote work a more permanent mode of operations, it seems clear that virtual, digitally enabled experiences are here to stay.

Welcome to our latest edition of Digital Wealth News! New headshot today - more confident, more wise, more fintech-focused then ever before. Now let's hit it! Here's my take on this weeks news!

We have a real "who done it" on our hands. Somebody took around $7 billion out of Vanguard's S&P 500 ETF.......symbol VOO.......in just one day last week. That amounted to roughly 4% of the fund's assets and looks like it was done in one large record setting trade. That's a really big deal.

What's new? Basically......panic! Buy anything. Equities....crypto....etc. Looks like there will be multiple vaccines SO it can only mean more healthy people, more buyers.

Digital Wealth News connected recently with data sciences leader Homa Karimabadi about his role as Chief Scientist of AlphaTrAI, which seeks to transform asset management with a data science-driven approach that eliminates errors that can be caused by human bias and emotions...

Jim Row of Entoro Capital discusses Robinhood and what you should know about its operations and how it makes money...

Happy Wednesday from Digital Wealth News™ ! Greetings from ATL and hoping...

Fintech and data firm Refinitiv (through it's Refinitiv Lipper division) has just released the results of a Q3|20 report noting that AUM in exchange-traded products and mutual funds rose $1.024 trillion.