The SEC has rejected the bitcoin ETF

Your weekly update on top ETF trends

VIEW IN BROWSER | SUBSCRIBE FRI, NOV 12, 2021 YOUR WEEKLY UPDATE ON TOP ETF TRENDS A NOTE FROM BOB Inflation is the big story of the week. Join us on Monday on ETF Edge when our guests will be Anna Paglia, Global head of ETFs and Index Strategy for Invesco, Dave Nadig, CIO and Director of Research of ETF Trends, and Jim Davolos, Portfolio Manager at Horizon Kinetics who manages the Inflation Beneficiaries ETF (INFL). Stocks do well during periods of moderate inflation, but how about when inflation picks up suddenly? Find out from our experts! Plus the latest ETF news, and the SEC's rejection of a bitcoin ETF. ETFEdge.cnbc.com.   The SEC has rejected the bitcoin ETF, as expected. Once again, they say it is about having exchanges "designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest." bit.ly/3FgGmrL   Bitwise Investments withdrew its application to list a bitcoin futures ETF. Invesco also withdrew their application a couple weeks before. They may not be the last ones. There is a first-mover advantage, and there is increasing concern that the futures ETF will not track underlying bitcoin due to high costs and rollover.     There's a short Cathie Wood ETF that has started, but it's off to a slow start. The Tuttle Capital Short Innovation ETF (SARK), tracks the inverse of Cathie Wood's flagship Ark (ARKK) ETF. So if ARKK is down 1% on a day, SARK is up 1%. This is a bet against the whole EV, disruptive tech, and fintech business. But the fund is already down 5% this year, with the S&P up 25%.   ESG funds keep coming. The iShares ESG Advanced Investment Grade Corporate Bond ETF (ELQD) launched this week. It mimics the iShares iBoxx Investment Grade Corporate Bond ETF (LQD). Is there really demand for all these funds?   For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge. Bob Pisani @BobPisani KEY STORIES  Cannabis stocks take off on legalization hopes. One investor sees potential for more upside Cannabis stocks could be primed for upside as several catalysts align for the industry, says Amplify Seymour Cannabis ETF (CNBS) portfolio manager Tim Seymour. Make these investment moves to beat inflation, experts say Here's where experts say you should tilt your investments as prices continue to pick up. Decision time looms for the first spot bitcoin ETF. Here's why an actual launch could be years away A key date is around the corner for a spot bitcoin ETF, but the crypto community isn't optimistic about the likelihood of a debut any time soon.     IN CASE YOU MISSED IT Cannabis stocks bounce with legalization in focus — What Tim Seymour's watching ETF Edge, November 8, 2021 Gold vs. bitcoin: Top gold authorities on the inflation hedge battle   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