Markets & the Economy: ‘Most Hated Rally’…
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The bid remains?
That’s the central reality for stocks: markets anchored to an entrenched story: The Fed is cutting rates into an economy supported by a huge tech capex boom and affluent consumer spending.
Add it to the ETF Line Up
New Launches: (week ending 10/10) a few highlights…
- QBTZ~ Defiance Daily Target 2x Short QBTS ETF
- DRKY~ VistaShares Target 15 DRUKMacro Distribution ETF
- MEME~ Roundhill Meme Stock ETF
- WQTM~ WisdomTree Quantum Computing Fund
New Filings: Defiance, Bitwise
Defiance filed for about 50 3x leveraged ETFs~ some on single stocks, some on other ETFs and some on crypto
- Getting close to 300 of these 3x filings across issuers~ that would increase the current total amount of leveraged ETFs on market by like 35% (that is IF they get through the SEC)
Bitwise not playing around, plans to charge just .20% for their spot Solana ETF~ probably figured it’s going to end up there anyway so just do it now
- Bitwise Solana Staking ETF
ETF Check Up: FlowShow
ETZ Buzz…
BlackRock’s Spot Bitcoin ETF on track to become the fastest ETF to reach $100B in assets… despite being among the most recent entrants to the market
- Only 18 of 4500+ ETFs have > $100B AUM
