My favorite ETF reads over the past week, along with my ETF tweet and chart of the week!
“It’s both good times, and difficult times for the exchange-traded fund financial advice industry.”
“The share class strategy has big opportunities: You’re launching with an existing fund with an existing track record, so from a marketing perspective that’s clearly an advantage.”
“Wood’s confidence in the face of a brutal year for her ETFs was no doubt reassuring for her investors.”
“The SEC wrote that the stock exchanges sponsoring spot crypto ETFs have ‘not sufficiently’ argued against the agency’s concerns about manipulation and fraud.”
“It shouldn’t be surprising that two ETFs with an 84% overlap are so similar to each other.”
“The rise of passive is definitively making active better.”
ETF Tweet of the Week: A new Nasdaq survey found that 72% of financial advisors would be more likely to invest client assets in crypto if a spot ETF were available. But… Still. No. Spot. Bitcoin. ETF.
New Nasdaq survey of financial advisors (who control $26T in assets) finds 72% of them would be more likely to invest in crypto if a spot ETF were available. Also of advisors curr investing in crypto, 86% plan to increase investment and their ideal allocation is 6% of port. pic.twitter.com/3r2mxbGny9
— Eric Balchunas (@EricBalchunas) April 11, 2022
ETF Chart (Picture) of the Week: This past week was all about Exchange: An ETF Experience. The ETF industry gathered for four action-packed days in Miami Beach to talk everything ETFs. If you’re looking for a recap – shameless plug – look no further than this week’s ETF Prime podcast. ETF Trends’ Dave Nadig and Todd Rosenbluth, Advisor Circle’s John Swolfs, and I recorded this live at the event (picture below courtesy of Todd) and covered all the key takeaways. I’ve come across several excellent written recaps as well, including here, here, and here.