Connect with us

Press Release

David LaValle Discusses Grayscales Future of Finance ETF and Bitcoins Evolving Role

Published

on

–News Direct–

Global Head of ETF for Grayscale David LaValle joined Steve Darling from Proactive to discuss the performance and achievements of the Grayscale Future of Finance ETF (GFOF) in recent months. LaValle provided insights into GFOF's performance, which has seen approximately an 8% increase over the past month, surpassing benchmarks such as the S&P 500 and NASDAQ 100. He attributed this success to the strategic positioning of GFOF, likening it to investing in internet infrastructure in 1998.

LaValle emphasized that GFOF focuses on digital assets' infrastructure, despite uncertainties surrounding specific winners in the space. Holdings in companies like Coinbase and other mining companies have contributed significantly to GFOF's performance. He underscored the importance of recent developments in the digital asset space, such as the introduction of Bitcoin ETFs in the U.S. and the uplisting of Grayscale Bitcoin Trust, which have expanded discussions with financial professionals and wealth managers about integrating digital assets into portfolios.

Addressing the evolving perception of Bitcoin, LaValle noted its recognition as a volatile yet increasingly accepted asset class. He discussed Bitcoin's potential roles in investment portfolios, ranging from being viewed as a disruptive technology to serving as a digital store of value, akin to digital gold or exposure to high-growth tech.

Overall, LaValle expressed optimism about the future of GFOF and digital assets in general, highlighting their potential to play a significant role in diversified investment portfolios. As Grayscale continues to navigate the dynamic landscape of digital assets, investors can anticipate further innovations and opportunities for growth in the future. Stay tuned for more updates as Grayscale continues to lead the way in the digital asset investment space.

Contact Details

Proactive United States

+1 347-449-0879

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/david-lavalle-discusses-grayscales-future-of-finance-etf-and-bitcoins-evolving-role-407008807

HANetf

comtex tracking

COMTEX_451079844/2655/2024-04-19T08:03:10

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

AI Sports Odds Intelligence Firm Bettormetrics Finds US Sportsbooks Leave Billions in Handle on the Table Due to Poor Suspension Strategies

Published

on

–News Direct–

Bettormetrics, an innovative company providing competitive sports odds intelligence and insight to the sports betting industry, reported today through its latest data analysis, that the leading US sportsbooks are potentially losing tens of millions of dollars in revenue due to length of suspension times during live sport contests.

According to the findings, FanDuel led the top three sportsbooks in potential revenue lost, leaving an estimated $1.45 billion in handle on the table with an average suspension rate of 15.8% (84.2% uptime) per fixture. DraftKings, although best in class, leaves a potential $249 million in handle with an industry leading suspension rate of 4.8% (95.2% uptime) The analysis was done leveraging NBA betting data for the 2023-2024 season.

While suspension is an inevitable occurrence in sports betting as traders necessarily evaluate the risks surrounding new situations within games, some sportsbooks are more systematically cautious than others. Its this situational nuance that leads to more sportsbooks looking at risk instead of the potential rewards around improving its average uptime said Robert Urwin, CEO and co-founder of Bettormetrics. In looking at our NBA data of the top three US sportsbooks, its clear to see the suspension strategies and the risk management perspectives of each books trading desks. While FanDuel is potentially losing out on the most revenue, based on its incredible volume, with a few optimizations it can dramatically increase its margins and create distance between itself and DraftKings as the definitive leader in US sportsbook operations.

Suspension is when a sportsbook periodically shuts down betting lines in a sporting event to readjust the odds based on activity within the event (a basket, touchdown, goal, penalty, key injury, etc.). Each sportsbook handles suspension differently and for different periods of time. Depending on the length of time the odds are suspended, sportsbooks are losing the opportunity to accept new bets and can potentially lose active users to other sportsbooks, should odds be shut down for extended periods of time.

Every operator is looking for ways to grow their margins, increase wagering and reduce customer attrition. While many sportsbooks externalize their focus on the cost of user acquisition, suspension can help a sportsbook find new revenue from within by becoming more efficient than their competitors, said Sabin Brooks, Commercial Director of Bettormetrics. In the US, market share is gained in very slim percentage points. By understanding and addressing these crucial trading efficiencies, sportsbooks can gain potentially billions in lost revenue. A poor suspension strategy is very bad business for customers and shareholders alike.

Suspension is just one element of overall sportsbook performance. Bettormetrics monitors and analyzes thousands of live in-play sports betting events traded every single week. Observed performance and competitive analysis by Bettormetrics has already helped traders and analysts discover and ameliorate deficiencies that directly impact sportsbook revenues and profitability.

About Bettormetrics

Bettormetrics is an innovative company providing competitive sports odds intelligence and insight to the sports betting industry. Bettormetricss Trading Analytics Platform is a SAAS product supporting sportsbook trading desks with cutting edge insight and analysis on the entire event life cycle, helping sportsbooks, data suppliers and B2B platforms gain an edge on competitors and ensure no profits are left on the table. For more information, please email [email protected] or visit Bettormetrics.com.

Contact Details

Digital Sport by Hot Paper Lantern

Bailey Irelan

[email protected]

Square In The Air

Ben Cleminson

[email protected]

Company Website

https://bettormetrics.com/

View source version on newsdirect.com: https://newsdirect.com/news/ai-sports-odds-intelligence-firm-bettormetrics-finds-us-sportsbooks-leave-billions-in-handle-on-the-table-due-to-poor-suspension-strategies-434125370

Bettormetrics

comtex tracking

COMTEX_451785271/2655/2024-05-02T12:49:36

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Revolutionizing Comfort: Oh No Plumbing & Air Conditioning Leads Phoenix HVAC Repair Services

Published

on

Phoenix, AZ – Oh No Plumbing & Air Conditioning, founded in 2023, has quickly established itself as a local leader in the HVAC and plumbing sectors, delivering unparalleled service and expertise. Specializing in Phoenix plumbing and HVAC repair, the company is dedicated to resolving any issue, big or small, with efficiency and precision.

In a market that demands quality and reliability, Oh No Plumbing & Air Conditioning stands out with its commitment to excellence and customer satisfaction. Their team of certified professionals is equipped to handle a wide range of services, from routine maintenance checks to emergency repairs, ensuring that Phoenix residents and businesses remain comfortable all year round.

The cornerstone of Oh No Plumbing & Air Conditioning’s success lies in its comprehensive approach to plumbing and HVAC solutions. Whether it’s a leaky faucet, a clogged drain, or a malfunctioning air conditioner, the team is ready to diagnose and fix the problem with minimal disruption to daily life. Their use of the latest technology and techniques ensures that every job is done right the first time, saving clients time and money.

A key factor distinguishing Oh No Plumbing & Air Conditioning Phoenix plumbing from its competitors is its emphasis on transparency and communication. From the initial assessment to the final walkthrough, customers are kept informed every step of the way. This commitment to openness builds trust and has cultivated a loyal customer base that appreciates the value of professional and honest service.

Moreover, the company’s innovative online presence, including a user-friendly website and active social media engagement, makes it easy for customers to reach out and schedule services. Their dedication to the community is evident in their prompt response times and the personalized attention each client receives.

Oh No Plumbing & Air Conditioning’s services are not limited to residential areas; they also cater to commercial properties, understanding the unique challenges and requirements of businesses. Their team creates customized solutions that meet the specific needs of each commercial client, ensuring that operations continue smoothly without any plumbing or HVAC-related interruptions.

One of the most noteworthy aspects of Oh No Plumbing & Air Conditioning Phoenix plumbing is its proactive approach to maintenance. Recognizing that prevention is better than cure, they provide comprehensive maintenance plans designed to extend the lifespan of plumbing and HVAC systems, reduce the likelihood of emergencies, and improve overall efficiency.

The company’s rapid rise to prominence in Phoenix’s competitive market can be attributed to its core values of integrity, quality, and customer-first mentality. As they continue to expand their services and reach, Oh No Plumbing & Air Conditioning remains committed to being a beacon of reliability and excellence in the plumbing and HVAC industry.

About Oh No Plumbing & Air Conditioning

Oh No Plumbing & Air Conditioning is a locally owned and operated business in Phoenix, AZ, specializing in top-tier plumbing and HVAC services. Established in 2023, the company has quickly become a trusted name in the community, known for its professional expertise, transparent practices, and commitment to customer satisfaction. With a focus on both residential and commercial sectors, Oh No Plumbing & Air Conditioning is dedicated to providing efficient, effective, and affordable solutions to all plumbing and HVAC needs.

Media Contact

Name
Oh No Plumbing & Air Conditioning
Contact name
Scott MacDonald
Contact phone
(602) 559-9055
Contact address
3450 S 36th St
City
Phoenix
State
AZ
Zip
85040
Country
USA
Url
https://ohno.team/

comtex tracking

COMTEX_451785806/2737/2024-05-02T13:01:11

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Alta Pest Control Provides Rodent-Free Homes in San Antonio, TX with Safe Solutions for Families

Published

on

San Antonio, TX – Alta Pest Control, a local pest control company, is now offering pet and family-safe rodent control solutions in San Antonio, TX. This initiative highlights the company’s dedication to delivering pest management solutions that are both safe and effective, prioritizing the well-being of local households.

Alta Pest Control in San Antonio focuses on the use of non-toxic, safe methods that ensure the safety of both families and pets. The primary goal is to achieve effective rodent control while maintaining the health and safety of the residents. The service begins with an exhaustive inspection of homes to detect potential rodent infestation areas. After this initial inspection, the company applies non-toxic products and employs techniques specifically developed for safe and effective rodent management. These methods have been selected for their proven ability to control rodents effectively, with a strong emphasis on protecting the health and safety of both humans and pets. Technicians at Alta Pest Control are committed to minimizing rodent presence and ensuring the safety of all household environments.

“Our rodent control services in San Antonio are specifically tailored to solve rodent problems effectively, while always prioritizing the safety of families and pets within each household,” stated a spokesperson from Alta Pest Control. The introduction of pet and family-safe rodent control services in San Antonio reflects Alta Pest Control’s ongoing commitment to responsible and secure pest management practices.

For more information about Alta Pest Control’s services in San Antonio, please visit their website: https://www.altapestcontrol.com/locations/san-antonio-tx-pest-control.

About Alta Pest Control:

Alta Pest Control, a family-run business, has extended its services to San Antonio, TX. The company provides a diverse range of pest control services for both residential and commercial clients, specializing in the safe management of pests such as rodents, termites, cockroaches, fleas, and mosquitoes. Known for its non-toxic and safe pest control approaches, Alta Pest Control is a member of the National Pest Management Association and is accredited by prestigious entities such as the BBB, Inc 5000, PCT, and Quality Pro.

Alta Pest Control is at 11549 Old Perrin Beitel Rd, San Antonio, TX 78217.

Media Contact

Name
Alta Pest Control
Contact name
Faith Rock
Contact phone
307-209-0956
Contact address
11549 Old Perrin Beitel Rd
City
San Antonio
State
TX
Zip
78217
Country
United States
Url
https://www.altapestcontrol.com/

comtex tracking

COMTEX_451785239/2737/2024-05-02T12:50:52

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST