Nasdaq ETFs

To add another notch into the gold versus bitcoin argument for investors, the ProShares Bitcoin Strategy ETF (BITO) has managed to surpass the previous record held for an ETF to hit $1 billion in assets under management in only its second day of trading. BITO has beaten out the previous record holder, the SPDR Gold [...] Read more at ETFtrends.com.

The billionaire hedge fund manager recently appeared on CNBC’s “Squawk Box” to discuss his views on inflation and the danger it poses to the U.S. economy and financial markets. Jones believes that the stimulus payments that the government has been using as a crutch for the struggling, pandemic-laden economy will serve to exacerbate the inflationary [...] Read more at ETFtrends.com.

U.S. markets and stock exchange traded funds gained on Wednesday as a strong third quarter earnings season helped lift sentiment. The Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), gained 0.8% on Wednesday. Meanwhile, the S&P 500 rose 0.4%, the Dow Jones Industrial Average was up 0.4%, [...] Read more at ETFtrends.com.

Supply chain issues are having huge impacts across broad sectors of the global economy, but few are feeling it as tightly as the automotive industry, which is facing catastrophically short supplies of semiconductor chips on top of the generalized supply woes. It’s driving many auto makers to bring battery production back to their own countries [...] Read more at ETFtrends.com.

Exchange traded fund investors who are looking for a steady long-term investment strategy to diversify their portfolios can consider an approach that seeks to do exactly that: Winning by not losing. In the recent webcast, Excellence Without Emotion: A Better Investment Process, New Age Alpha’s co-founder and CIO Julian Koski and senior portfolio manager Andy [...] Read more at ETFtrends.com.

Higher Treasury yields have been a buzzworthy topic on Wall Street recently – and the trend has investors seeking out the best stocks and ETFs for rising interest rates.

Bitcoin investors cheered on Wednesday as the notorious crypto secured a fresh all-time high amid the successful launch of the first U.S. bitcoin futures exchange traded fund. After waiting for years for a bitcoin ETF, the world’s largest cryptocurrency rallied over 4% to just shy of $67,000 by noon ET, smashing a prior record of $64,899 [...] Read more at ETFtrends.com.

Bitcoin has hit new highs as of today, ethereum is making a run towards its May highs, and crypto exchanges are seeing massive volumes in trades with the interest in the space brought on by yesterday’s launch of BITO, the first bitcoin futures ETF approved by the SEC. Popular cryptocurrency exchange Coinbase announced last month [...] Read more at ETFtrends.com.

The SPDR— S&P— Transportation ETF is seeing unusually high volume in afternoon trading Wednesday, with over 1.6 million shares traded versus three month average volume of about 70,000. Shares of XTN were up about 0.7% on the day.

In trading on Wednesday, the iShares U.S. Healthcare Providers ETF is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Privia Health Group, up about 8.2% and shares of Anthem, up about 6.9% on the day.

Here is a look at Canterbury’s latest risk-adjusted sector rankings, along with their 1-month change in rank. Notice that the energy sector has gone from being ranked the worst sector on a risk-adjusted basis, to being the highest ranked sector. That rise in rank among the S&P 500 sectors probably correlates with the rise in [...] Read more at ETFtrends.com.

With the launch of the first cryptocurrency-related ETF, which invests in bitcoin futures and has boosted interest in cryptocurrencies and the potential of crypto investments, the Amplify Transformational Data Sharing ETF (BLOK) continues to harness the growth that the industry is experiencing. Bitcoin has hit new highs as of today, flirting close to $66,900 and [...] Read more at ETFtrends.com.

A cryptocurrency backed by the central bank could be circulating in France’s monetary system before the country hosts the Olympic games in 2024. As leading cryptocurrency bitcoin continues past the $60,000 price level and a bitcoin futures ETF debuts in the markets, France has to be watching with eyes wide open. The country implemented a [...] Read more at ETFtrends.com.

On Wednesday, ETF Managers Group LLC (ETFMG®), a leading exchange traded fund issuer, announced that the ETFMG Real Estate Tech ETF (NYSE Arca: HHH) will begin trading on the New York Stock Exchange. HHH is the world’s first ETF designed to give pure-play exposure to global technology companies that digitally transform the real estate industry [...] Read more at ETFtrends.com.

Earnings season is back in full swing after a volatile quarter, and it could get even more volatile, especially for technology companies, which is a good thing for traders. If big tech can pull a rabbit out of its hat given headwinds like the semiconductor shortage, it would be a boon to bullish tech traders. [...] Read more at ETFtrends.com.

As many investors know well by now, bank stocks and the related exchange traded funds are proving to be stellar trades this year. For example, the Invesco KBW Bank ETF (NASDAQ: KBWB) is up nearly 42% year-to-date and hit near-record highs on Oct. 19. For KBWB, which tracks the KBW Nasdaq Bank Index, this move [...] Read more at ETFtrends.com.

Interest rates are low. Credit spreads are tight. Inflation is the highest it’s been in years. Add all that up, and it appears to be a toxic brew for bonds and fixed income exchange traded funds. Indeed, this is a challenging fixed income environment, but it’s also a time for bond ETFs to prove their [...] Read more at ETFtrends.com.

While many shoppers view e-commerce as a mainstay of the retail industry, and it is, the truth is that it’s still in the early innings. However, online retail isn’t so young as to prevent new, innovative derivatives from emerging. That’s happening today with the emergence of social commerce. Among the various internet and retail exchange [...] Read more at ETFtrends.com.

Large-cap funds focusing on sustainability performed admirably in the third quarter, and while the Goldman Sachs Future Planet Equity ETF (GSFP) wasn’t around for all of the third quarter — it debuted July 13 — its peers’ performance could be a sign that the new exchange traded fund is on its way to success. A perk offered [...] Read more at ETFtrends.com.

Monday saw the Chicago Mercantile Exchange amend the position limits for bitcoin futures, options on bitcoin futures, and micro bitcoin futures.  Position limits are predetermined levels of ownerships that prevent investors from using ownership control over a market and prices.  The previous spot-month limit for bitcoin futures, options on bitcoin futures, and micro bitcoin futures [...] Read more at ETFtrends.com.