Will Bitcoin ETFs Send the Price Up – and Why Were Premium Bonds Cut? LUNCH MONEY

Economy
By Liam

By This is money

Updated:


Bitcoin ETFs have finally been given the green light in the US, with news last night that the US securities regulator has approved them for the first time.

What does this mean for investors, why hasn’t Bitcoin jumped on the news, can the price continue to rise from here and does this make crypto a ‘safer’ investment?

In this episode of Lunch Money, Victoria Scholar, from Interactive Investor, discusses the impact of the SEC decision with Simon Lambert.

Savers took a hit this morning as a much safer home for your money that could still make you rich, Premium Bonds saw an interest rate cut.

Lee Boyce explains why this sudden reduction has occurred and how Premium Bonds now compare to savings accounts.

And finally, three big names released trading updates on the festive spending spree this week: Sainsbury’s, Tesco and M&S.

Lunch money

We take a look at which of the retail giants won Christmas

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