Hot Reads: Burry Bets Big Against ‘TLT’

Compiled by ETF.com Staff

Michael Burry Increases Bets Against Long-Term Treasury ETFs (Bloomberg)
The inspiration behind “The Big Short” had $280 million in puts against the iShares 20+ Year Treasury Bond ETF (TLT) at the end of June.

God, Money, YOLO: How Cathie Wood Found Her Flock (New York Times)
A profile of the leading evangelist for actively managed ETFs.

Asset Managers Rush To File Applications For Bitcoin Futures ETFs (Financial Times)
Analysts aren’t so sure investors will rush to buy them.

Bitcoin Tops $50K (CNBC)
The key cryptocurrency has reached a three-month high.

SPACs Fall Out Of Favor (Axios)
Redemption rates have risen dramatically since March.

Bill Ackman Wants To Dissolve His Beleaguered $4B SPAC (Institutional Investor)
PSTH is the largest SPAC ever launched, but the hedge fund manager has struggled to find a suitable acquisition target.

China’s Tech Crackdown & Emerging Markets (Advisor Perspectives)
The moves by China’s government could be creating opportunities for active stock pickers.

Money, Money Everywhere But In The Loan Market (Disciplined Systematic Global Macro Views)
Banks should be lending money out to households that are taking on projects, but that’s not happening.

34% Of Bitcoin Could Be Lost In Dormant Wallets (BeInCrypto)
Glassnode says that 34% of bitcoin supply is possibly in long-term holdings or could be lost.