Hot Reads: Canada Bitcoin ETF Crosses $1B In Assets

Plus, three ARK ETFs made sizable investments in Teladoc.

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Canadian Bitcoin ETF Hits $1B In 1 Month (Yahoo Finance)
The Purpose Investments bitcoin ETF crosses the $1 billion (in Canadian dollars) mark after just one month of trading.

 

ARK Funds Load Up On Teladoc (Business Insider)
Three ARK ETFs just invested a total of $58 million in shares of Teladoc.
 

The Current State Of The Bitcoin ETF Race (ETF Focus)
With bitcoin at around $60K, some ETF issuers figure now might be the time to take another swing.

 

Could The ETF Wrapper Democratize Crypto? (WisdomTree Blog)
The ETF structure has opened up access to a number of other asset classes. Why not cryptocurrencies?

 

How To Pick A SPAC (If You Must) (ThinkAdvisor)
Barry Ritholtz thinks investing in SPACs is “rolling the dice.”

 

Impact Of Style Bias On Latest SPIVA Data (Evidence-Based Investor)
Once again, the majority of active large cap managers underperformed the S&P 500.

 

Ray Dalio & The Power Of Setting Defaults For Optimism (A Wealth Of Common Sense)
Dalio has a long track record of worrying about the future that hasn’t really panned out that well.

 

Report Says Shareholders Demanding ESG Action (FA Magazine)
Shareholders are asking corporate management to take action on social justice and environmental issues through resolutions they have filed.

 

Morgan Stanley Deems Rise In 10-Year Treasury Yields 'Reasonable' (CNBC)
A portfolio manager at the firm says the rise reflects growing confidence in the U.S. economy.

‘BUZZ’ ETF Passes $500M In Assets (Business Insider)
The VanEck fund is up over 6% since its March 4 public debut.

 

Schwab Study Shows Strong, Growing Appetite For ETFs (Business Wire)
Nearly all ETF investors surveyed (94%) say they are likely to purchase ETFs in the next two years.

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