NASA ETF's SpaceX Edge May Shift Space Fund Flows
This has to be a Top 5 chart of the year.. $NASA vs the OG Space ETFs. You never see a new launch immediately usurp a category- usually takes years (outside of BYOA of course). Why? $NASA is the only one with SpaceX exposure (via SPV). So prob some of these flows will leave. One of many subplots to watch in next few wks.
JPMorgan's Potential DFA Purchase Would Forge Active ETF Dynasty
NEW: JPMorgan Acquiring DFA Would Create 21st Century Active Dynasty.. my case for why JPM may/could (should?) buy DFA. Both brands are low-cost, top shelf active ETFs but dif style/strategies so would complement each other. Also 100% of DFA ETFs...
ETFs Surge with $200B Monthly Inflows, Three Amigos Lead
ETFs are back to taking an impossible $10b/day in new cash.. $200b over past month. The Three Amigos leading way, which as bullish as it gets (VOO = retail, SPY = trading/inst, IVV = both) w/ $QQQ 5th & $QQQM...
Factor ETFs Post Second-Best Year, Most Beat S&P
Revenge of the Nerds: Factor ETFs are having their second best year in a decade as over half of them are besting the S&P 500 (much better than active). And every category is seeing inflows ($87 total) except Low Vol...
Active Managers Surge in ETFs After Cutting Fees
'90s Active Stars Reborn as ETF Juggernauts After Slashing Fees.. New from me on on how CapGp, Franklin, T Rowe, etc are all QUICKLY climbing up the ETF aum leaderboard, getting thier mojo back, thanks to more moderate fees (their...
SK Hynix 2x ETF Surges to Hong Kong’s Top Three
The 2x SK Hynix ETF (7709) in Hong Kong has grown aum 10x this year and is now the 3rd biggest ETF in that market, accounting for 8.5% of all the assets. That's insane. It would be like an ETF...
Passive Funds Could Own Half of SpaceX Shares
Passive S&P 500 funds could have to buy roughly 19% of public SpaceX shares within 6mo under fast-tracking framework (it would enter the index at the est 6th spot), Russell 1000 and Nasdaq 100 may buy another 5.5% within weeks...
Spot Bitcoin ETFs Near New High, Show Resilience
Nice chart on the cumulative net flows for the spot bitcoin ETFs, which were close to a new high water mark bf a step back this week, still tho amazing resilience considering a 50% drawdown and being down 11% YTD...
Only 25% of Funds Outperform Amid Record Market Gains
Market already up 9% this year with 19 new highs but only 25% of active large cap funds beating index. Related 41% of stocks are beating SPX which is highest rate in 5yrs so there's opp but as usual it's...
Most New 2x ETFs Shut Down Within a Year
A slew of baby 2x ETFs closed in April, most under one year old incl $LMBO and $REKT. They can tell early that no one cares so they just pull them. Still tho, the closures are dwarfed by the dozens...
Record 24-Hour Gap Before 2x ETF Launch
ONE DAY: that's the new record for time between between an new IPO and 2x ETF tracking it. LeverageShares' 2x $CBRS launches tmrw, a mere 24hrs after the IPO today which saw it jump 75% on $10b in volume (more...
US ETFs Attract Record Inflows as Global Interest Wanes
Americans' flirtation with int'l stocks may be over, the surge in the S&P 500 has helped suck back in cash as April saw $134 billion go into domestic ETFs -- the third-largest inflow on record and the spread bt US...
21Shares Launches Hyperliquid ETF $TYPE Tomorrow, 30bps Fee
21Shares is going live TOMORROW 5/12 with their Hyperliquid ETF $TYPE. Nasdaq notice in effect. Fee 30bps. https://t.co/LnjzIM5iOX
SEC Delays Launch of Groundbreaking Prediction Market ETFs
Yes, prediction market ETFs dealyed again, not launching today as planned. SEC wants to look at them a bit more. Doesn't sound lethal, just more double checking disclosures. These really are groundbreaking (and once they launch a precedent is set)...
Trump-Era Markets Deliver 16% Annual Returns Despite Headlines
The US stock mkt returned 16%/yr during Trump 1.0 and so far under Trump 2.0 it's done the same with 16%/yr (well above the 9% avg). The price for those returns however is having to ignore a firehouse of scary...