My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“Active mutual fund managers must ‘beware’ as investors begin to increase the rate of which they are switching from active to ETFs.”
“These ETFs are easier and cheaper to use than more complex downside protection vehicles such as structured notes.”
“I think the odds we’ll see a Bitcoin ETF approved in 2021 are very low.”
“The acceleration of technology usage during the pandemic has created a new generation of ETF users.”
“Happiness. Weed. Robots. Water. Whatever the theme, there’s probably an ETF promoting a basket of stocks related to it.”
“The approval of a Bitcoin ETF would actually reduce more risks for investors than the potential it has to create them.”
“Innovation is the only way around the Vanguard effect.”
ETF Tweet of the Week: Investors – and their hard earned money – always have the final say on which ETFs are successful. That’s the way it should be. However, the blood, sweat, and tears that some fund companies pour into providing innovative, value-added products sometimes gets lost in the shuffle…
Everyone in my life told me to close this fund. I ran out of funding and liquidated everything I had to keep it alive. Sold my boat, then my car, then spent my kids camp money. Found the perfect partner the last day before the hard deadline to close it.
Feels like redemption. https://t.co/UqRb7dOJ2G
— Phil Bak 🎩 (@philbak1) May 11, 2021
ETF Chart of the Week: Global assets in ETFs are eclipsing traditional index mutual funds for the first time.
Source: Financial Times