Markets & the Economy: Buy the Dip…Again & Again…
This content does not reflect any recommendations of Baird.
Good years for stocks tend to end strong. The market’s pricey but this tends not to bite when profits are rising and the Fed cutting rates… Will markets still end 2025 on a high note?
Add it to the ETF Line Up
New Launches: (week ending 11/14) a few highlights…
- XRPC~ Canary XRP ETF; 1ST 1933 Act spot XRP ETF—Congrats to XRPC for $58m in Day one volume and nearly $250m inflows, the most of any ETF launched this year (out of 900), BARELY edging out BSOL’s $57m
- NYM~ AB NY Intermediate Muni ETF
- CORB~ AB Core Bond ETF
- BMNZ~ Defiance Daily Target 2x Short BMNR ETF
- HOOZ~ Defiance Daily Target 2x Short HOOD ETF
New Filings: WisdomTree
- WisdomTree files for a CoinDesk 20 ETF; will hold 20 largest digital assets by market cap that are eligible for inclusion in an index
ETF Check Up: Flowdown
ETF Buzz…
Spot BTC ETFs with 2nd biggest outflow ever on 11/13 -$870mil~ Category still w $24B+ inflows on the year
Wild: There were 116 ETF launches in October, the 2nd biggest month ever for ETF launches…
- The First? September with 117 launches and a near lock to hit 1000 for the year
