My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“You have a $9 trillion asset manager [BlackRock] driving for 50% of U.S. flows to come from model portfolios over time. That’s a mic drop right there.”
“ETFs are on the brink of luring more money in seven months than in any calendar year on record.”
“It may be “passive” in the traditional sense – buying shares in companies purely based on an index – but it is “active” when it comes to engaging with those companies as a shareholder.”
“What’s actually inside an ETF can vary wildly from what a reasonable investor would expect or from other ETFs investing in the same theme.”
“A mammoth 76 asset fund families launched a product in the first half of 2021.”
“Sometimes I get the feeling not everyone has a full appreciation of what’s happening in the indexing world.”
ETF Tweet of the Week: This week’s tweet speaks for itself and, disappointingly, I later learned Frank beat me to the punch. Great minds or something like that…
SEC to every Bitcoin etf application pic.twitter.com/HntvfaVfvE
— Frank Chaparro (@fintechfrank) July 11, 2021
ETF Chart of the Week: Any animated ETF graphic is a shoo-in for ETF chart of the week. This one shows the scale of massive flows into ETFs this year.