##  [# Hot Reads: ARK Bets On Robinhood](/sections/daily-hot-reads/hot-reads-ark-bets-robinhood) 

 

# Hot Reads: ARK Bets On Robinhood

 

 

Plus, the Senate’s surprise bid to increase cryptocurrency tax collection.



 

 

 

 

 [![ETF.com](/sites/default/files/styles/author_image_icon/public/2023-12/etf.com_400x400.png?itok=LO34LQE1)](/contributors/etfcom-staff) 

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

 Jul 30, 2021

 Edited by: ETF.com Staff

 

 

 [ + Follow ](/etf/login) 

     Share  <a class="a2a a2a_button_email"> Email </a><a class="a2a a2a_button_linkedin"> LinkedIn </a><a class="a2a a2a_button_facebook"> Facebook </a><a class="a2a a2a_button_x"> X (Twitter) </a> 

 

 

 

 

 

 

 

 

  
            googletag.cmd.push(function() {
                googletag.display('js-dfp-tag-article_page_302x26');
            });
    
    

 

 

  

 



 

 

  Loading 

 

 



 

 

*Compiled by ETF.com Staff*

'[**ARKK' Buys The Dip On Robinhood**](https://www.coindesk.com/ark-investment-management-robinhood-shares-nasdaq-debut) (Coinbase)  
 Cathie Wood’s flagship fund buys $45 million in the online brokerage on its lackluster IPO day.

[**Senate Includes Bipartisan Crypto Tax In Infrastructure Plan**](https://finance.yahoo.com/news/senators-push-bill-surprise-crypto-115026952.html) (Yahoo Finance)  
 A part of the Senate’s infrastructure bill requires more trade disclosures from exchanges and investors.

[**SEC Reportedly Stops Processing Chinese Company IPOs**](https://www.reuters.com/business/finance/exclusive-us-regulator-freezes-chinese-company-ipos-over-risk-disclosures-2021-07-30/) (Reuters)  
 The regulator is said to be writing new guidance for investors amid a crackdown from Beijing.

[**What The Last Year Taught Us About Low Volatility ETFs**](https://www.morningstar.com/articles/1048472/what-the-last-year-taught-us-about-low-volatility-etfs) (Morningstar)  
 Low vol strategies are effective at cutting back on statistical risk but haven’t produced the returns of the broader market.

[**An ETF With A 10% Dividend Yield** ](https://markets.businessinsider.com/news/etf/this-etf-has-a-10-dividend-yield-1030664950)(Business Insider)  
 Consider the virtues of the **[Global X Russell 2000 Covered Call ETF (RYLD)](https://www.etf.com/ryld)**.

[**Indexing Boom Saves Investor $357B In Fees, S&amp;P DJI Says**](https://www.fa-mag.com/news/the-indexing-boom-has-saved-s-p-investors-a-cool--357-billion-63360.html) (FA Magazine)  
 The figure is actually conservative because it excludes myriad other indexes.

[**Personal Income’s Weak Rebound Clouds US Economic Outlook**](https://www.capitalspectator.com/personal-incomes-weak-rebound-clouds-us-economic-outlook/) (Capital Spectator)  
 Economists are worried because personal income rises precede increases in consumer spending.

[**The Benefits Of Sin Stocks**](https://alphaarchitect.com/2021/07/29/the-benefits-of-sin-stocks/) (Alpha Architect)  
 They may not fit the ESG mold, but they could be a smart defensive strategy.



 

 

 [ + Follow ](/etf/login) 

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

 

 

  etf.com is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in…   [View Bio](/contributors/etfcom-staff)

 



 

 


 Related Topics  [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Innovative](http://www.etf.com/topics/innovative) 

 [IPO](http://www.etf.com/topics/ipo) 

 [Crypto](http://www.etf.com/topics/cryptocurrency)