Hot Reads: US To Release 50M In Oil Reserves
Plus, a big outflow from 'ARKG.'
Compiled by ETF.com Staff
US To Release 50M Barrels From Strategic Oil Reserve (Reuters)
China, India, South Korea, Japan and Britain are also releasing reserves to cool down energy prices.
ARK’s Genomics ETF Down 27% (FA Magazine)
"ARKG" saw $520 million in outflows this month alone.
China Junk-Bond Bargain Hunters Trigger 385% Surge In ETF Assets (Yahoo Finance)
A Singapore-listed iShares high yield ETF went from $383 million in AUM to $1.86 billion in August.
It's A Mess Out There & The Indexes Are Covering It Up (TheStreet)
How large caps are hiding severe corrections in other sectors of the market.
Ripple CEO: Dogecoin Bad For Cryptomarket (CNBC)
The exchange head says the lack of a cap makes the meme token prone to inflation.
How Institutional Bets On Crypto Are Performing (Institutional Investor)
Pension funds and others that have made the leap into cryptocurrencies are beating their peers—for now at least.