Markets & the Economy: Fresh Momentum…
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Wall Street is having a mild AI-nxiety attack.
The simmering unease about a possible AI bubble began boiling over…
A proper warning of an undisciplined capital burning binge or a dose of caution to refresh the rational exuberance?
Add it to the ETF Line Up
New Launches: (week ending 10/3) a few highlights…
- TRIL~ Defiance Trillion Dollar Club Index ETF; holds US Co’s & crypto ETFs tied to assets valued at $1T
- CRCO~ YieldMax CRCL Option Income Strategy ETF
- CHPX~ Global X AI Semiconductor & Quantum ETF
New Filings: 2x GRNY
Filing for a 2x Granny Shots ETF $GRNY from T-REX~ that’s now 3 ETFs from other issuers linked to his ETF or Co.
ETF Check Up: Flow Show, Multi Share Class
ETF Buzz…
SPY is now 3rd in assets…
- Likely going to be the new order of things for awhile: VOO, IVV and SPY and then a pretty big gap to VTI
- Notably SPLG (the fourth SPX ETF) is rising fast already $86b seemingly taking the cash SPY losing
BlackRock’s IBIT has reached a significant milestone, entering the Top 20 ETFs with $90B in assets, surpassing XLK
SEC moving forward with approval of multi-share class structure…
- Will allow fund Co’s to launch ETF share classes of existing mutual funds~ currently 79 asset managers in filing
Top 20 recent filings…
