My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“We are 100% committed to converting GBTC into an ETF.”
“Once you get two to three years in, you start watching an ETF to see if it’s going to be viable.”
“Eager to give the public what it wants, and to keep shareholders from walking out the door with their assets, some fund providers have begun to convert stock mutual funds into E.T.F.s.”
“It was advisors who were asking DFA for ETF wrappers for more tax efficiency. They also wanted them because ETFs can now be traded without commissions at most large brokerage firms.”
“62 ETFs launched since the start of 2020 have already raised at least $100m.”
ETF Tweet of the Week: On Friday, Kryptoin became the 7th ETF issuer to file for a “physical” bitcoin ETF. The race is on…
Updated list of U.S. Bitcoin ETF Filers.
— James Seyffart (@JSeyff) April 9, 2021
ETF Chart of the Week: 2021 thematic ETF inflows have picked-up right where they left off in 2020… on fire. Nearly $35 billion poured into thematic ETFs during the first quarter, with total thematic ETF assets increasing 28% since the end of 2020. On a year-over-year basis, thematic ETF assets have spiked 430% from the end of March 2020.
Source: Global X ETFs