My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“With the ETF Rule, we are seeing a positive impact, with new and smaller ETF issuers taking full advantage of the lower barriers to entry.”
“Strategic-beta ETFs are arguably a new and more efficient way of making the same bets that investors hired active managers to make on their behalf for decades.”
“It just shows the continued rise and utter dominance of Vanguard.”
“Overall, the influx of active nontransparent ETFs means more choices for investors, which is a good thing. But although these ETFs offer many positives, there are also some caveats to understand before you jump in.”
“Thematic ETFs are like a Spotify playlist, a collection of funds (songs) that exist in a similar area of focus (genre) that may strike a different tone from one another.”
“Chairman Wyden’s provision would ensure equality. That is a sound goal. Unfortunately, treating ETFs like mutual funds heads in the wrong direction. Better to do the reverse.”
After eight years and counting, investors will take what they can get, even though the approval of the first U.S.-listed bitcoin ETF may not be the end of this ongoing saga.
ETF Tweet of the Week: Fun fact on Vanguard’s ETF ticker symbols…
This is cool. @Vanguard_Group uses roman numerals for its S&P 500, S&P 400, S&P 600 ETFs. And Value & Growth.
VOO, VOOV, VOOG, IVOO, IVOV, IVOG, VIOO, VIOV, and VIOG.https://t.co/m0FJJdSL0d pic.twitter.com/nhmsaMDJtm
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) September 26, 2021
ETF Chart of the Week: The below timeline of bitcoin ETF filings isn’t perfect, but I love the visual. The SEC has been absolutely inundated with filings over the past 10 months. Is October when the first bitcoin ETF finally gains approval?
(note: in the spirit of accuracy, the below is missing the Teucrium Bitcoin Futures Fund, which was originally filed on May 20th. Bitwise also filed for a futures-based ETF on September 14th. VanEck’s spot based ETF filing occurred on December 30th, 2020. The wShares filing is technically not an ETF, but instead a trust like the Grayscale Bitcoin Trust except without a lockup period.)
Source: Arcane Research’s Vetle Lunde