Days after the SEC delayed making a decision on VanEck’s Bitcoin ETF application, VanEck filed with the SEC on Monday for a Bitcoin futures fund. According to the filing, the proposed Bitcoin Strategy Fund would invest in Bitcoin futures contracts via a wholly-owned Cayman Islands subsidiary, as well as pooled investment vehicles and exchange-traded products [...] Read more at ETFtrends.com.
Crypto assets are creating new, unpredictable, and increasingly valuable decentralized markets. Yet one of the biggest issues facing the burgeoning crypto industry is a lack of transparency. According to experts at S&P, building indices on crypto assets could help to address these concerns, while potentially increasing the number of funds investing in the crypto industry. [...] Read more at ETFtrends.com.
Investors approaching funds like the ARK Space Exploration ETF (ARKX) typically focus on space exploration and tourism. While those are undoubtedly captivating concepts, ARKX offers more tangible appeal in the form of exposure to providers of satellite broadband services – a complex market, but one that holds long-term potential for some ARKX holdings. As ARK analyst [...] Read more at ETFtrends.com.
The financials sector has begun to shine, outperforming the previous market leaders. Investors just now getting into the space however must ask themselves whether or not the run upwards still has legs. In the upcoming webcast, Mispriced Markets? Long-Term Opportunity in Financials, Chris Davis, Portfolio Manager and Chairman, Davis Advisors, will outline why the financial [...] Read more at ETFtrends.com.
Markets and the news cycle have a funny relationship. As people, we always try to find patterns and relate events to grander movements within the stock markets. We saw an example of this occur last week, regarding the world’s number 1 soft drink, Coca-Cola. The news headline on CBS reads like this: Soccer superstar Cristiano [...] Read more at ETFtrends.com.
By Rob Williams, Director of Research, Sage Advisory The Fed’s announcement last week that would pull rate hikes forward by six months was somewhat of a surprise for investors. The good news is that it doesn’t really change our thesis, which calls for rates to modestly increase over the medium term; the bad news is [...] Read more at ETFtrends.com.
Good performance has been good to the Sprott Physical Silver Trust (PSLV). Between May 2020 and May 2021, PSLV has returned 53%. Over the same time period, the fund gained over $2.7 billion in assets under management—a 199% surge, the fastest growth rate as compared to other U.S. based silver-focused ETFs. Why Has Silver Outperformed? [...] Read more at ETFtrends.com.
Growth stocks and related exchange traded funds surged Tuesday as traders waited on Federal Reserve Chair Jerome Powell’s testimony before Congress. Powell reiterated that the recent spike in inflation was expected to be transitory. Growth stocks have gained momentum and have taken the lead in the markets after the Fed last week stated that it [...] Read more at ETFtrends.com.
Investors looking to diversify can consider an ETF strategy that alternates its tilt toward S&P 500 investment factors as the market itself changes. In the recent webcast, Factor Rotation Strategies May Help You Profit in Varying Market Cycles, Sean O’Hara, President, Pacer ETFs Distributors; and John Lunt, President, Lunt Capital Management, explained that public instruments [...] Read more at ETFtrends.com.
Electric vehicles are already the talk of the automotive industry, a good sign for the KraneShares Electric Vehicles and Future Mobility Index ETF (KARS). Major executives are making aggressive electric vehicle adaptation predictions, according to a recent CNBC article. Per the article, “new energy vehicles will dominate the world’s largest auto market in about ten [...] Read more at ETFtrends.com.
Getting emerging markets (EM) exposure can be a volatile affair since their performance is often tied to local currencies, but there are options to counteract this effect with funds like the FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE). The fund seeks investment results that correspond generally to the price and yield performance of [...] Read more at ETFtrends.com.
Amid speculation that the yield curve is flattening, small cap stocks encountered headwinds last week with the Russell 2000 Index sliding 4.2%. Things were worse for the Invesco S&P SmallCap 600 Pure Value ETF (RZV). The previously hot exchange traded fund shed almost 6% as some market participants took the flattening yield curve as a [...] Read more at ETFtrends.com.
In a world of thematic clean energy funds, the ALPS Clean Energy ETF (ACES) is a rare example of a diversified clean energy fund. The $924.63 million ACES, which turns three years old next week, doesn’t home in on a specific clean energy niche. Rather, it provides exposure to nearly 10 industries, including the solar space. Solar stocks are [...] Read more at ETFtrends.com.
By Adam Grossman, CFA, Riverfront Investment Group SUMMARY Despite high current valuations we believe neither the Nasdaq nor the Dow is in a bubble; both are positioned to grow into their valuations based on strong expected earnings. We believe both index styles (Growth for Nasdaq and Value for Dow) will do better than fixed income [...] Read more at ETFtrends.com.
This is a huge week for online shoppers and the retailers who serve them. With the second day of Amazon’s 48-hour Prime Day event underway, the company is projected to have driven the most online sales over a 24-hour period so far in 2021, according to new data released Tuesday. Amazon Prime Day 2021 has become [...] Read more at ETFtrends.com.
The WisdomTree Cybersecurity Fund (NASDAQ: WCBR) jumped 14.39% for the month ending June 18. On its own, that’s an impressive performance, and one made even more so when considering the cybersecurity exchange traded fund topped the S&P 500 Technology Index by nearly 900 basis points over that period. Some of that bullishness is attributable to [...] Read more at ETFtrends.com.
As widely expected, the Fed held interest rates steady at a near-zero level in its latest meeting. U.S. interest rates have been this low since March 2020. However, the forecast revealed that 13 members of the Federal Open Market Committee believe the Fed will hike rates
The First Trust SSI Strategic Convertible Securities ETF is seeing unusually high volume in afternoon trading Tuesday, with over 1.4 million shares traded versus three month average volume of about 109,000. Shares of FCVT were down about 0.1% on the day.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco KBW Bank ETF, where 6,370,000 units were destroyed, or a 16.0% decrease week over week. Among the largest underlying components of