Hot Reads: SEC Halting Levered Bitcoin ETFs

Compiled by ETF.com Staff

SEC Won’t Allow Leveraged Bitcoin ETFs (Wall Street Journal)

The agency reportedly limits new bitcoin funds to unlevered options, likely halting a leveraged filing from Valkyrie and an inverse filing from Direxion.

ESG Makes Inroads Into Private Markets (Institutional Investor)

A third of global private capital assets is now managed with climate, diversity and other nonfinancial goals in mind.

US GDP Increases By 2% Annualized Rate (Yahoo Finance)

That’s the slowest rate of recovery since the beginning of the pandemic.

Energy Still Leads Sectors By Wide Margin (Capital Spectator)

"XLE" has returned 61.25% year-to-date.

Active Managers Face Challenges, Including Inflation (FA Magazine)

A recent panel discussed the future of equity and fixed income markets, and inflation was a major concern.

Tuttle Changes Name Of Short-ARKK Filing (Bloomberg)

The yet-to-launch Short ARKK ETF was renamed to the Tuttle Capital Short Innovation ETF.

GOP Sen. Toomey To Introduce Bill Protecting Payment For Order Flow (CNBC)

SEC Chairman Gary Gensler has indicated a preference for banning the practice in the wake of the GameStop saga earlier this year.