ETFs

Grayscale Investments has posted at least nine ETF-related positions to LinkedIn, signaling it is anticipating a green light from the Securities and Exchange Commission for a crypto ETF.

In this week’s fund news, how Dave Portnoy used the indexer loophole to promote BUZZ, Driehaus loses its founder, and Morningstar doubles analyst coverage for model portfolios.

The Simplify U.S. Equity PLUS Bitcoin ETF (SPBC) will invest up to 15% of its assets in cryptocurrencies, either “indirectly and solely” through the $34 billion Grayscale Bitcoin Trust (GBTC).

The ETF from the Collaborative Investment Series Trust intends to invest in “securities that reflect current or emerging trends.”

Over the past year, high-risk funds were among the top performers while many low-volatility ETFs significantly trailed the S&P 500 Index.

Ark has been caught up in the broad tech selloff as rising bond yields make investors cautious about expensive parts of the stock market.

This week in fund news, VanEck's BUZZ goes live with Portnoy's backing; mutual fund-to-ETF conversions are coming; and Avantis hires more DFA execs.

DFA will turn four equity funds into ETFs “on or about” June 11.