It was a big week for earnings, a big week for economic data with Q2 GDP negative, and a big Jay Powell press conference. ETF traders have been very active playing the news on all these fronts, pouring money into bond funds, actively managed ETFs, ETFs that provide a market hedge in the event of a downturn, and ETFs to chase the inflation trade. Find out what ETF traders are betting on! Join us on ETF Edge this Monday at 1 PM when our guests will be Ben Slavin, Global Head of ETFs at BNY Mellon and Andrew McOrmond, Managing Director at WallachBeth Capital. ETFedge.cnbc.com.
We now have a Tesla "defined outcome" ETF. The Innovator Hedged TSLA Strategy ETF (TSLH) will limit potential losses in Tesla to 10 per cent a quarter, while offering what Innovator calls "substantial upside exposure" to Tesla at the same time. It's complicated, but you're going to see more of this.
The prospects of "Inflation Reduction Act of 2022" passing, which would invest $369 billion over the decade in climate change-fighting strategies like a clean energy manufacturing tax credits, a production tax credit for wind and solar, and consumer tax credits for renewable energy investments in wind and solar, is giving a boost to clean energy ETFs like ICLN, QCLN, and TAN.
Just what we need - another crypto ETF. The Schwab Crypto Thematic ETF (STCE) will launch on Aug. 4. Two other crypto funds that launched in April, Fidelity Crypto Industry and Digital Payments ETF (FDIG), and iShares Blockchain and Tech ETF (IBLC), are both down 27% since launching.
As the fight to get the SEC to approve a spot bitcoin ETF drags on, some people are starting to say that the only way for the SEC Commissioners to approve a spot bitcoin ETF would be to: change commissioners.
Tidak ada komentar:
Posting Komentar