Even with negative net flows over the past three months, three of Cathie Wood's ARK funds posted the best returns over the past five years.
J.P. Morgan follows in the footsteps of Guinness Atkinson and Dimensional Fund Advisors with its plan to convert four equity mutual funds into similar active transparent ETFs next year.
Digital-asset investment products from Grayscale, Bitwise, 21Shares and others saw outflows for the fifth straight week, the longest such streak since January 2018.
iShares Gold Trust Micro, which debuted in June, has amassed about $560 million in assets, bucking the broad trend among gold ETFs.
The long-awaited bipartisan infrastructure bill also has potential ramifications for fiduciaries.