Your weekly update on top ETF trends
 | THU, FEB 27, 2020 | | | | | | YOUR WEEKLY UPDATE ON TOP ETF TRENDS | | | | Coronavirus spurs epic ETF volumes. The largest, most actively traded ETFs like those for the S&P 500 (SPY) and Russell 2000 (IWM) have seen titanic volumes during the recent market volatility--all three traded more than twice normal volume on Wednesday, for example. The largest junk bond ETF, iShares High Yield Corporate (HYG), also saw huge volumes, along with big outflows on Tuesday.
Bitcoin ETF hopes crushed again. Many were puzzled why bitcoin dropped almost 10% on Wednesday, it's not hard to figure out: the SEC denied the last remaining application for a bitcoin-based ETF, this one from Wilshire Phoenix. The argument against approval: Wilshire had not proven the bitcoin (BTC) market was sufficiently resistant to market manipulation.
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