My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
ARK’s Cathie Wood: “Innovation Is Inherently Controversial” by Dave Nadig
“As a portfolio manager, I think the best wrapper out there is an ETF. Bar none.”
Can You Tax-Efficiently Convert Your Managed Accounts, Mutual Fund, or Hedge Fund into an ETF? by Wes Gray
“Long story short, YES, but it’s complicated.”
Bitcoin ETF Backers See Canada Fund’s Slump as Reason to Believe by Katie Greifeld & Vildana Hajric
“While the recent nasty selloff in Bitcoin will likely spook the SEC, it should do the exact opposite and give them maximum confidence to approve, as it showed once again how well the ETF can handle pressure.”
The market’s third-largest equity ETF turns 20 as interest spikes in a new bond product by Lizzy Gurdus
“Vanguard’s Total Stock Market ETF (VTI), a market-cap-weighted basket of small, mid and large-cap stocks with neutral coverage, is now two decades old.”
Ark Investments and the Potential Downsides of an ETF Structure by Justin Carbonneau
“You can’t close an ETF to investors, so Ark couldn’t do much about its popularity, even if it thought assets were coming in too fast.”
ETF Tweet of the Week: Despite a volatile year thus far, ARK’s Cathie Wood graces the cover of Bloomberg Businessweek…
NEW COVER: Never mind superstar fund manager Cathie Wood’s recent slump. She wants to sell you a future so fantastic you’ll beg her to take your money https://t.co/T3YI7rFZ99 pic.twitter.com/ZuXIfTSPIA
— Businessweek (@BW) May 27, 2021
ETF Chart of the Week: ETFs with the largest year-to-date inflows through April.
Source: Reuters