My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
How Small Issuers Drive ETF Innovation by Debbie Carlson
“In any industry, the smaller firms often are the ones that produce cutting-edge ideas, and it’s no different for the ETF ecosystem.”
A $1 Trillion Mutual Fund-to-ETF Bonanza May Be Getting Started by Jenny Surane and Katie Greifeld
“While it sounds like a vast amount, it would only equate to about 10% of the mutual fund world.”
Buying A Load Of Stocks For Free Just Got Easier by Matt Krantz
“New ETF providers have not successfully climbed the league table with a zero-fee ETF, but we think the new Invesco products could be popular.”
BlackRock aims to generate half of US ETF flows from adviser models by Jackie Noblett
“We’re enabling the shift to models, which is in turn driving the growth of ETFs, and particularly our ETFs.”
SEC Delays Approval of VanEck Bitcoin ETF, Again by Jacquelyn Melinek
“The fact that the only way you can get securitized crypto exposure is through under-regulated OTC trusts is frankly ridiculous.”
ETF Tweet of the Week: Once again, the SEC delayed their decision on VanEck’s Bitcoin ETF filing. Gabor Gurbacs, Director of Digital Assets Strategy at VanEck, weighed-in with a simple message…
A #Bitcoin #ETF should be approved. No good reason not to.
— Gabor Gurbacs (@gaborgurbacs) June 16, 2021
ETF Chart of the Week: The below chart shows year-to-date performance from several momentum ETFs. There’s a 20% difference between the best- and worst-performing funds. As Corey Hoffstein points out, these ETFs are all marketed as offering exposure to the same “factor”. However, these ETFs gain that exposure in different manners. The point? Always look under the hood of whatever ETF you invest in (and as Corey might also suggest – own a basket of momentum ETFs to diversify away the differences)…
Source: Corey Hoffstein
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