##  [# Hot Reads: SoFi Fined Over ETF Conflict](/sections/daily-hot-reads/hot-reads-sofi-fined-over-etf-conflict) 

 

# Hot Reads: SoFi Fined Over ETF Conflict

 

 

Plus, small caps are routed in this week’s market sell-off.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Aug 20, 2021

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

[**SEC Fines SoFi Wealth Over ETF Conflicts**](https://www.thinkadvisor.com/2021/08/19/sec-fines-robo-advisor-sofi-wealth-over-etf-conflicts/) (ThinkAdvisor)  
 SoFi Wealth intended to use client assets to make its proprietary ETFs look more attractive to the market, the SEC says.

[**Russell 2000 Tests Support Level As Small Cap Rout Deepens**](https://www.fa-mag.com/news/russell-2000-tests-support-level-as-small-cap-rout-deepens-63628.html) (FA Magazine)  
 Smaller publicly traded companies are getting slammed in this week’s bear market.

[**SEC Approval Of Bitcoin ETFs Unlikely To Be Soon**](https://www.cnbc.com/2021/08/19/experts-say-sec-approval-for-a-bitcoin-etf-wont-happen-any-time-soon.html) (CNBC)  
 The regulatory agency’s concerns around cryptocurrencies mean a bitcoin ETF is unlikely this year.

[**World’s Biggest Crypto Exchange Still Lacks US Footing**](https://www.nytimes.com/2021/08/19/business/binance-cryptocurrency-exchange-ipo.html) (New York Times)  
 A look at Binance’s bid to build out its U.S. operations.

[**The Case For Sinking Cathie Wood’s Ark**](https://www.marketwatch.com/story/the-case-for-sinking-cathie-woods-arkheres-how-one-etf-provider-outlines-the-short-thesis-11629390349?mod=etf-wrap) (ETF Wrap)  
 Here’s how one ETF provider outlines the short thesis.

[**Capture Ratios: A Valuable Risk Metric For Portfolio Design**](https://www.capitalspectator.com/capture-ratios-a-valuable-risk-metric-for-portfolio-design/) (Capital Spectator)  
 Upside and downside metrics can tell you how often an asset tends to perform relative to a benchmark.

[**Quant Strategies: Factors &amp; Alpha**](https://mrzepczynski.blogspot.com/2021/08/quant-strategies-factors-and-alpha.html) (Disciplined Systematic Global Macro Views)  
 Classification, however, allows for skill measurement and some form of prediction for when a strategy will work and when it will underperform.



 

 

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