Hot Reads: ARK, 21Shares File For Bitcoin Futures ETF
Plus, megacap tech stocks hit a three-year low compared to the rest of the S&P 500.
Compiled by ETF.com Staff
ARK, 21Shares File For Bitcoin Futures ETF (Coindesk)
The firms already have a physical bitcoin ETF on file, but futures ETFs are all but certain to launch first.
Facebook To Amazon Valuations Not So Frothy Anymore (Bloomberg)
Megacap tech stocks have not been this inexpensive relative to the S&P 500 in nearly three years.
Is Inflation More Than Transitory? (Institutional Investor)
Relief is in sight, but not right away, says Ned Davis Research.
Hedge Funds Feasting On ESG Profit Leftovers (FA Magazine)
Hedge funds have been making outsized profits buying discarded shares of oil and gas companies.
Inflation Dispersion & Skew Creates Uncertainty (Disciplined Systematic Global Macro Views)
The Fed is helpless at controlling current inflation.
Can IPO ETFs Keep Up With Hot IPO Market? (FA Magazine)
By many measures, it’s been a historic year for the U.S. IPO market.