My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
More Asset Managers May Follow BlackRock’s Blockchain ETF Lead by Ben Strack
“This is a baby step into I think a larger ETF suite for BlackRock, which would include spot ETFs, crypto baskets.”
The Real Tax Magic of ETFs by Daniel Sotiroff
“The improved tax efficiency from the ETF wrapper comes from delaying realized capital gains.”
Timing Is Everything For ETFs by Jessica Ferringer
“Investors in thematic ETFs need to consider whether the investment rationale underpinning an ETF is a momentary flash in the pan or a larger secular trend that could drive outperformance for years to come.”
Complements To Bond ETFs Amid Rising Rates by Todd Rosenbluth
“Defined outcome ETFs provide downside protection with some upside potential using Flexible Exchange (FLEX) options.”
Myth-Busting: ETFs Are Eating the World by Nicolas Rabener
“Fearmongering aside, passive products are not taking over the whole investment world.”
ETF Tweet of the Week: SEC Commissioner Hester Peirce (aka “Crypto Mom”) sounds off following the agency’s rejection of Fidelity’s Wise Origin Bitcoin Trust, the latest in a long line of failed attempts by issuers to bring a spot bitcoin ETF to market…
The string of bitcoin spot ETP denials has continued into 2022. The rationale underlying them doesn't get any better with time.
— Hester Peirce (@HesterPeirce) January 28, 2022
ETF Chart of the Week: When markets turn volatile, traders turn to ETFs. On Monday, ETFs traded $480 billion worth of shares, a new all-time daily record and approximately four times the average.
Source: Bloomberg’s Eric Balchunas