Regal Assets, a company that helps investors add precious metals to their retirement portfolios, has now added Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Classic, Ripple and Dash to its growing product line.
“Demand for cryptos in an IRA has reached unprecedented levels and finding a reputable and trustworthy company to purchase from is becoming a top priority for new investors,” Tyler Gallagher, CEO of Regal Assets, said in a statement.
“Our Crypto IRA service has been in the works for over a year as we took our time to develop a solid and seamless process,” Gallagher said. “We are now proud to offer both traditional gold and “digital gold” to retirement account holders all over the country.”
Regal Assets was started in 2009 and is known for helping individual investors allocate part of their existing or previous retirement accounts into alternative assets without incurring any taxes or penalties.
Trust Company of America Expands ETF Offering
Trust Company of America has partnered with J.P. Morgan, KraneShares and Main Management to offer TCA advisors an additional 18 ETFs on its ETF Custody Advantage platform.
To help manage costs, TCA will provide a custody fee offset on all participating ETFs, automatically applied to assets held in the products on the trading platform.
The nine ETFs offered from J.P. Morgan will use a strategic beta approach. These funds aim to offer high risk-adjusted returns and sit at the intersection of passive and active strategies.
Additionally, KraneShares, a U.S. asset management firm known for its China-focused funds, will offer eight ETFs on the platform, and Main Management, a California-based RIA recognized for its ETF portfolio management has added a Sector Rotation ETF.
TCA’s ETF Custody Advantage launched back in April, with funds from Guggenheim Investments and Global X. TCA is actively working to increase its offering, and the expanded selection now provides advisors with a total of 74 ETFs, including asset classes such as domestic and international equity, bond, currency and commodities.
Hartford Funds Launches Its First NextShares Active ETF
Hartford Funds launched Hartford Global Impact NextShares Fund (HFGIC), the firm’s first NextShares product.
The fund seeks long-term capital appreciation by investing in companies throughout the world that Hartford believes are likely to address major social and environmental challenges.
It will invest in companies that focus their operations in areas that address themes including sustainable agriculture and nutrition, health, clean water and sanitation, affordable housing, education and training, financial inclusion, narrowing the digital divide, alternative energy, resource stewardship and efficiency.