Hot Reads: Ex iShares Head Urges Direct Indexing

Plus, Roundhill lands 'MEME' as the ticker for its upcoming ETF.

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Former iShares Chief Urges Direct Indexing (Financial Times)
Blake Grossman says investment firms need to adopt technology more quickly.

 

Roundhill Files For MEME IPO (Reuters)
The proposed ETF would track an index of stocks with high social media mentions and short interest.

 

Canada Bitcoin ETF Issuer To Plant Trees To Match Assets (Investing.com)
Accelerate Financial Technologies promises to plant 3,450 trees for every $1M CAD invested in its bitcoin ETF.

 

ARK, BlackRock Build China Tech Positions (South China Morning Post)
Despite the risks, some see the pullback in China’s technology stocks as an opportunity.

 

Institutional Investors Unfazed By Inflation (Institutional Investor)
All types of investment groups added equities to their portfolios despite broader inflation fears.

 

Oil Retreats, Gasoline Futures Up After Hurricane Ida Misses Rigs (Yahoo Finance)
The storm brought wind gusts of 165 miles per hour to New Orleans and has knocked power out to 1 million residents.

 

China Limits Kids To 3 Hours Of Video Games A Week (Axios)
The latest on China’s growing reining in of technology firms.

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