Hot Reads: Bitcoin Headed To $1M?
Plus, ARK’s flagship ETF is in its worst slide in years.
Compiled by ETF.com Staff
CoinDesk Editor Predicts Bitcoin To Hit $1M (Yahoo Finance)
Scarcity should drive it to that point in about five years.
‘ARKK’ Slips As Stay-At-Home Darlings Hit Hard (FA Magazine)
The slide comes with many of the fund’s top holdings caught up in a rotation out of highly valued tech companies.
O’Shares’ O’Leary Less Of A Bitcoin Skeptic Now (Yahoo Finance)
He’s invested in bitcoin, but still sees big problems brewing with cryptocurrencies.
Popular Factor ETFs Head For Rebalancing (ETF Edge)
What to make of the move.
Where’s The Seismic Shift After Schwab/TD Ameritrade Deal? (ThinkAdvisor)
The full effect may not be felt for another 12-18 months.
The Biggest Threat To Tech (Irrelevant Investor)
It seems regulation may be the only thing that can curb tech giants’ phenomenal growth.
Crypto Mania Sends Dogecoin Soaring (Advisor Perspectives)
The frenzy crashed Robinhood’s trading app.
Why Alts Don’t Always Help Diversify (Morningstar)
Their diversification benefits might be smaller than you’d expect.
Treasury Quadruples Borrowing Estimates To Pay For Stimulus (Advisor Perspectives)
It expects to need some $1.3 trillion over the second half of the fiscal year to help pay for a raft of fresh pandemic-relief spending.
Sleeping With Cash (Humble Dollar)
An oversized cash reserve can help you sleep better at night.
The Great Inflation Debate (Evidence-Based Investor)
Inflation is rising, but is it a blip or a long-term trend?
Buffett’s ESG Snub Could Alienate Wall Street (Reuters)
The well-known value investor is bucking a global trend.
