Senior ETF Analyst for @Bloomberg Intelligence. Tired Dad. Rutgers Alum. Gen X-er. Catch me on “ETF IQ” on @BloombergTV & “Trillions” on iTunes.
Citi predicting ESG ETFs in US will have $1T aum by 2030. That's a LONG time and bull mkt subsidy is big variable, so maybe? but I'll take under bc IMO ESG exclusion ETFs overestimate ability to replace a $VOO etc. But am bullish clean energy as theme bc can compliment $VOO etc
Happy 420 to $TOKE, a Top 5 ETF ticker and the first and only fund to make its expense ratio part of the actual theme lol
STUNNING: The Canada Bitcoin ETF $BTCC already has collected $421m in assets first two days (crushing our estimate). Proportionally speaking it is the equiv of a US ETF taking $8b in first two days. If it were to keep up this pace it will be the biggest ETF in Canada in 20 days.
THEY DID IT: $GME was the most traded equity on the planet today w/ $20b in volume, more than $SPY, $AAPL and even the Mighty $TSLA. Surreal.
NEXT LEVEL: $TSLA just obliterated the all-time volume record for an equity w/ $148b worth of shares traded today, beating $SPY's $118b high water mark set during March chaos. For perspective, $MSFT trades about $5b/day.
Btw here's the top holders of $SLV. Not to be a party pooper, but it's pretty Wall Street-y.
$SLV took in almost a BILLION dollars Friday, nearly double the old record for this 15-yr old ETF, after being targeted by WSB as way to go after the banks..
$TSLA traded an unbelievable $62b worth of shares today, that's more than the 10 next most active stocks combined and double $SPY. Outside of "Inclusion Day" (which was arguably shouldn't count) I think this is all-time record for a stock.
The Robinhood Effect in one glorious chart via @NateGeraci
ARK bought the crap out of $COIN today. Put it in 3 ETFs: $ARKK $ARKF and $ARKW.