Hot Reads: ARK Bets On Robinhood
Plus, the Senate’s surprise bid to increase cryptocurrency tax collection.
Compiled by ETF.com Staff
'ARKK' Buys The Dip On Robinhood (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 (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 (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 (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 (Business Insider)
Consider the virtues of the Global X Russell 2000 Covered Call ETF (RYLD).
Indexing Boom Saves Investor $357B In Fees, S&P DJI Says (FA Magazine)
The figure is actually conservative because it excludes myriad other indexes.
Personal Income’s 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 (Alpha Architect)
They may not fit the ESG mold, but they could be a smart defensive strategy.