Bitcoin, Ethereum, and other cryptocurrencies are decentralized assets. Stocks and exchange traded funds, however, are not. Still, some equities are useful for tapping into the world of digital assets. The name of game is ensuring those stocks have adequate leverage to digital coins.
The proliferation of robots and their subsequent inroads into a growing number of industries is a positive sign for the Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) . The number of robots deployed in business settings, especially the during pandemic, has grown exponentially.
Perhaps the biggest news item out of the White House Thursday was President Biden’s intent to sign an executive order mandating that 40% to 50% of new vehicles sold in the U.S. starting in 2030 be electric vehicles (EVs) or plug-in hybrids.
While many thematic exchange traded funds focus on a single investment niche or segment, the pace of disruption and innovation moves at breakneck speed. What’s in style today may be out of fashion tomorrow. That’s confirmation that broad approaches to disruptive investing, including the Goldman Sachs Innovate Equity ETF (GINN) , are applicable to a broad swath of investors.
The Biden Administration wants 40% to 50% of cars sold in the U.S. to be electric by 2030. Count the First Trust NASDAQ Global Auto Index Fund (CARZ) among the exchange trade funds that should benefit from that push. CARZ, which tracks the NASDAQ OMX Global Auto Index, has long been levered to the electric vehicle (EV) investment thesis due to its status as one of the ETFs with among the largest weights to Tesla (NASDAQ: TSLA).
Investing in big tech means investors are already getting some form of cloud computing exposure but can go all-in with ETFs like the Global X Cloud Computing ETF (CLOU) . Even before the pandemic helped make cloud computing a household name, big tech was already utilizing the technology as a cornerstone of their business operations.
Blockchain sector-related exchange traded funds surged Monday on rumors that Amazon (NasdaqGS: AMZN) plans to accept cryptocurrencies as payment. Among the best performing non-leveraged ETFs of Monday, the Global X Blockchain ETF (BKCH) increased 12.8%, VanEck Vectors Digital Transformation ETF (DAPP) advanced 12.8%, Bitwise Crypto Industry Innovators ETF (BITQ) rose 12.3%, and Amplify Transformational Data Sharing ETF (BLOK) gained 7.2%.
Amplify ETFs has launched a new exchange-traded fund providing exposure to multiple investment themes by targeting the companies most widely owned by US-listed thematic ETFs. Christian Magoon, CEO of Amplify ETFs. The Amplify Thematic All-Stars ETF (MVPS US) has been listed on NYSE Arca and comes with an expense ratio of 0.49%.
On Tuesday, newcomer Viridi Funds launched its first ETF, the Viridi Cleaner Energy Crypto-Mining & Semiconductor ETF (RIGZ) , which offers investors exposure to cryptocurrency that is environmentally sustainable. The fund is listed on the New York Stock Exchange.
Goldman Sachs Asset Management has debuted its first actively managed ETF with the launch of the Goldman Sachs Future Planet Equity ETF (GSFP US) on NYSE Arca . Katie Koch, co-Head of Fundamental Equity at Goldman Sachs Asset Management.
The ARK 3D Printing ETF ( PRNT ) is higher by 24% year-to-date, but there could be more in the store for the ARK fund as 3D printing companies increasingly tap into automation. PRNT , the original and still only exchange traded fund focusing on 3D printing equities, is positioned to capitalize on growth in the automated 3D printing arena.
The ARK Fintech Innovation ETF (NYSEARCA: ARKF) is up 7% year-to-date, an admirable performance given the lethargy experienced by growth stocks in the first quarter. While ARKF’s performance lags that of the broader market, the fintech exchange fund could be a second half winner as analysts grow bullish on a number of ARKF’s components.
Cathie Wood -led Ark Investment Management on Friday bought 25,000 shares, estimated to be worth about $250,000, in Jaws Spitfire Acquisition Corp (NYSE: SPFR ), the blank-check firm that is set to take 3D printing company Velo3D public.
As the capital markets await a potential Bitcoin exchange traded fund (ETF), investors can snag indirect exposure to the phenomenon with funds like the Global X FinTech ETF (FINX) . Like precious metal investors who use miners as a backdoor play, getting crypto exposure can be had with companies that focus on blockchain technology
