ETFs

Although there are still concerns, the tide seems to be turning on a Bitcoin ETF.

Cboe proposed Monday in a filing with the U.S. Securities and Exchange Commission to list Fidelity’s Wise Origin Bitcoin Trust.

Two of the biggest exchange-traded funds tracking the hundreds of special purpose acquisition companies that popped up over the past year are trading at or near all-time lows.

If approved, the VanEck Ethereum Trust would hold Ether and value its shares daily based off the MVIS CryptoCompare Ethereum benchmark rate, according to a filing with the SEC.

The word from Wall Street is “don’t stop buying now.”

U.S. sector and industry ETFs gained in popularity in 2021 as investors sought targeted exposure to the Energy, Financials, and Materials.

Small-tilted ETFs produced the best risk-adjusted returns.

In this week's fund news, two congressional leaders put target-date funds under scrutiny, Yale's endowment head David Swensen dies, and Alger launches a new semi-transparent active ETF.

The Direxion Daily Global Clean Energy Bull 2X Shares and Direxion Daily Global Clean Energy Bear 2X Shares would be the first leveraged clean-energy ETFs in the $6.2 trillion ETF industry.