A NOTE FROM BOB
The first psychedelic ETF in the US, the Defiance Next Gen Altered Experience ETF ($PSY), has begun trading. Bitcoin seems so passe...
MSCI went through a rebalancing of its indexes. It was uneventful, though the Momentum ETF (MTUM) got a lot of attention because there were very large buys for Financials (33% of assets up from 1.5%) and Industrials and large sells for Technology. A lot of volume, but not much volatility. These index changes, for the most part, have become very efficient.
The inflation ETF (INFL) which went public in January has been doing well. Barron's mentioned recently.
For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge. KEY STORIES
IN CASE YOU MISSED IT
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The first psychedelic ETF in the US, the Defiance Next Gen Altered Experience ETF ($PSY), has begun trading- CNBC ETF Edge Newsletter
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