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