Robinhood’s growing cryptocurrency business, which was rolled out in 2018 and now allows customers to trade Bitcoin, Ethereum and even Dogecoin, has drawn questions from the SEC.
In this week's fund news, Evolution Private Investment Collective aims to bring private markets strategies to advisors; Engine No. 1's new ETF targets impacting companies through proxy voting; and Amplify introduces a new cleaner living ETF.
The five ETFs collectively lured about $13.5 billion on Wednesday amid the rebalancing of the FTSE Russell indexes, compared with a $37 million inflow for all five funds last week.