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Giving Dividend ETFs Their Due in a Spot Bitcoin World
Nov. 3 marked a special 20th anniversary in the history of ETFs—and arguably, one worth a pause in the financial world. On that day in 2003, Barclay’s Global Investors (now part of BlackRock Inc.) launched the iShares Select Dividend ETF (DVY). It’s acknowledged as one of the first dividend ETFs, if not the first, and today boasts more than $19 billion in assets. But you’d never know that dividend ETF milestone given the breathless chatter about the shiny new object on the block: the spot bitcoin ETF. Investors have poured billions into the 10 new exchange-traded funds since they began trading Jan. 11, taking ... (full story)