Want to bet against Cathie Wood? It may soon be possible.

MON, AUG 09, 2021

YOUR WEEKLY UPDATE ON TOP ETF TRENDS

A NOTE FROM BOB

It's been a lousy week for bitcoin ETF believers. SEC chair Gary Gensler has essentially thrown cold water on the idea he will imminently approve the many bitcoin ETFs under registration. Instead, he is signaling he will support bitcoin futures ETFs, which most in the bitcoin community consider an inferior product. Join us Monday on ETF Edge when our guests will be Michael Sonnenshein, CEO of Grayscale Investments and the Grayscale Bitcoin Trust, Simeon Hyman, Global Investment Strategist for Proshares and the man behind the newly launched Bitcoin Strategy ProFund (BTCFX), a mutual fund that holds bitcoin futures, and

Dan Egan, Managing Director of Behavioral Finance and Investing at Betterment.

Our friends Tom Lydon and Dave Nadig at ETF Trends have announced a merger with global index provider Alerian. Alerian also bought ETF Database.

ESG keeps marching forward. The SEC has approved Nasdaq's proposed rule changes requiring issuers to disclose certain information about the diversity of the company's board. Chair Gensler has made it clear he wants more disclosure from corporate America about its diversity practices. They want more women and minority representation.

Want to bet against Cathie Wood? It may soon be possible. The Short ARKK ETF (SARK) would track the inverse performance of ARKK through swaps.

Index provider MSCI will post the list of additions to and deletions from the indexes for the August 2021 Quarterly Index Review on its web site, on August 11th. It's part of a regular quarterly rebalancing of its indices. The rebalancing increases or decreases the weighting of stocks in the index, and also adds or deletes stocks.

Nuveen entered the active ETF space with three semitransparent launches. Nuveen Small Cap Select ETF (NSCS), which selects for companies trading at a discount to their intrinsic value when a forthcoming catalyst is apparent, Nuveen Dividend Growth ETF (NDVG), which selects for mid-to-large-cap companies with the potential for sustainable dividend growth, and Winslow Large-Cap Growth ESG ETF (NWLG), which selects for quality companies with above-average earnings growth.

For more analysis and actionable insights, catch me live on Mondays at 1 PM ET on ETF Edge.