##  [# Hot Reads: Oil Rising Alongside OPEC+ Drama](/sections/daily-hot-reads/hot-reads-oil-rising-alongside-opec-drama) 

 

# Hot Reads: Oil Rising Alongside OPEC+ Drama

 

 

Plus, CoinShares to buy Elwood’s ETF Indexing operations.



 

 

 

 

 [![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 06, 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*

[**Oil Nears 3-Year High After OPEC Fireworks**](https://www.reuters.com/world/middle-east/global-markets-wrapup-2-pix-2021-07-06/) (Reuters)  
 A last-minute fallout between the UAE and other OPEC members leaves the market tighter.

[**CoinShares To Buy Elwood’s ETF Index Business For $17M**](https://finance.yahoo.com/news/coinshares-buy-elwood-etf-index-080006052.html) (Yahoo Finance)  
 The research team behind the Invesco Blockchain ETF is moving as part of the deal.

**[A Pillar Of Modern Finance Turns 50](https://blogs.cfainstitute.org/investor/2021/07/01/a-pillar-of-modern-finance-turns-50/?)** (CFA Institute)  
 The index fund has been around for half a century.

[**A Big First Half For Marijuana ETFs**](https://www.thestreet.com/etffocus/market-intelligence/big-first-half-for-cannabis-etfs) (The Street)  
 The three best-performing ETFs in this industry all gained more than 40%.

[**A Double Standard For Crypto ETFs?**](https://markets.businessinsider.com/currencies/news/bitcoin-ethereum-etf-sec-gary-gensler-regulation-crypto-2021-07) (Business Insider)  
 Some fund managers say the SEC’s reticence is a red herring.

**[ETFs A Gateway To Crypto Investing](https://www.thestreet.com/investing/etfs-the-gateway-to-cryptocurrency-investing)** (TheStreet.com)  
 The funds can provide exposure to cryptocurrencies but also to less volatile related securities.

**[When The Stock Market Doubles](https://awealthofcommonsense.com/2021/07/how-long-does-it-take-for-the-stock-market-to-double-off-a-bear-market-bottom/)** (A Wealth Of Common Sense)  
 A look at how long it takes for the market to go up 100% after a crash.

[**Higher Inflation Ahead? Maybe. But Don’t Even Try to Predict It.**](https://www.nytimes.com/2021/07/02/business/inflation-markets-predict-economy.html) (New York Times)  
 Nobody forecasts inflation well, a new academic paper argues.

[**The Delta Variant: Macro Implications**](https://econbrowser.com/archives/2021/07/the-delta-variant-macro-implications) (Econbrowser)  
 How the more contagious COVID-19 strain is hitting the U.K. differently than the U.S. and Europe.

[**Some Stocks Are Going Up. Most Are Not.**](https://allstarcharts.com/stocks-going-up-or-not/) (All Star Charts)  
 Small and mid-caps aren’t growing, but they aren’t declining either.



 

 

 [ + 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) 

 [Oil](http://www.etf.com/topics/oil) 

 [Commodities](http://www.etf.com/topics/commodities) 

 [Saudi Arabia](http://www.etf.com/topics/saudi-arabia) 

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