A NOTE FROM BOB
Join me Monday on ETF Edge when my guest will be Ric Edelman, founder of Edelman Financial Engines, the #1 Registered Investment Advisor (RIA) in the United States. Ric recently announced he would be leaving the firm he founded for several new projects, including running the RIA Digital Assets Council that he created three years ago. It's devoted to teaching financial professionals about blockchain and digital assets. Find out what Ric has to say about the future of bitcoin and other crypto assets, why the Reddit trades are still bound to fail, and why he is so annoyed about the state of investment advice: he says there is an "amazing amount" of silly beliefs and bad investment advice floating around! Find out what it is. CNBC ETF Edge at 1 PM ET Monday.
An ugly week for commodity ETFs, hit with a double whammy: the Fed implying it might reduce bond buying and raise rates a bit sooner than expected, and China announcing it was releasing stockpiles of commodities to reduce prices. Lumber ETFs had a particularly bad week.
The SEC has again delayed making a decision on the VanEck bitcoin ETF. They now have until Aug. 3, 2021 to give thumbs up or thumbs down. Seems like they are still concerned about fraud and manipulation.
Dimensional Funds successful conversion of four of its mutual funds into ETFs on Monday will likely spur others to act, according to Bloomberg and Citigroup. We had Dimensional CEO Gerard O'Reilly on ETF Edge last Monday to discuss the transition.
For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge. KEY STORIES
IN CASE YOU MISSED IT
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Jumat, 18 Juni 2021
An ugly week for commodity ETFs - CNBC ETF Edge Newsletter
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