The first psychedelic ETF in the US, the Defiance Next Gen Altered Experience ETF ($PSY), has begun trading- CNBC ETF Edge Newsletter

Your weekly update on top ETF trends

VIEW IN BROWSER | SUBSCRIBE FRI, MAY 28, 2021 YOUR WEEKLY UPDATE ON TOP ETF TRENDS A NOTE FROM BOB The first psychedelic ETF in the US, the Defiance Next Gen Altered Experience ETF ($PSY), has begun trading.  Bitcoin seems so passe...   MSCI went through a rebalancing of its indexes.  It was uneventful, though the Momentum ETF (MTUM) got a lot of attention because there were very large buys for Financials (33% of assets up from 1.5%) and Industrials and large sells for Technology.  A lot of volume, but not much volatility.  These index changes, for the most part, have become very efficient.   The inflation ETF (INFL) which went public in January has been doing well. Barron's mentioned recently.   For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge. Bob Pisani @BobPisani KEY STORIES  Thematic tech ETFs see big price declines, but modest outflows. Unpacking the moves There's a "misconception" about who buys into thematic tech funds, says Global X's head of research and strategy, Jay Jacobs. The market's third-largest equity ETF turns 20 as interest spikes in a new bond product Vanguard's enduring Total Stock Market ETF (VTI) is now two decades old, but one of the firm's newer, more niche products is garnering interest. Watch now: ETF Edge on how thematic tech turmoil impacts stocks and Vanguard's strategy for navigating markets     IN CASE YOU MISSED IT ETF Spotlight: SPDR S&P Retail ETF heads higher thanks to Ulta gains ETF Spotlight: SPDR Consumer Discretionary Thematic tech turmoil continues. Calculating the market impact   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2021 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS