Markets & the Economy: Can an old bull learn new tricks?
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As the bull market moves through its fourth year, its animating narrative has changed:
Add it to the ETF Line Up
New Launches: (week ending 1/30) a few highlights…
- VAVX~ VanEck Avalanche ETF; 1st and currently the only ETP focused on providing exposure to the staking rewards of Avalanche’s native token, AVAX
- JIDE~ JPMorgan International Dynamic ETF
- TNXT~ TRowe Price Innovation Leaders ETF
New Filings:
- ARK filing for Coindesk Crypto 20
- Roundhill filing for a 4x SPY ETF & 4x QQQQ ETF; didn’t the SEC already say ‘get out of here with this stuff’
- Goldman filing for ‘Data Enhanced’ EM and Intl ETF
- GBNB~ Grayscale BNB ETF; Binance token filing
BlackRock files for a Bitcoin ETF that also pays out cash every month~ iShares Bitcoin Premium Income ETF
ETF Check Up: FlowShow
ETF flows for January: $115B~ the avg January is around $40B and the all-time record is $88B (set last yr)
Active ETFs are so hot right now even the ‘Passive Giants’ are flooding the zone w products…% of each issuer’s lineup that is active, huge surge over the past 5 yrs
- Active ETFs now make up 51% of all products, 33% of flows and 26% of revenue (yet just 10% of aum)
ETZ Buzz…
