Markets & the Economy: Bumpy Road
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A tireless bid from retail investors and the market’s knack for rotations have supported stocks through a rethink of the AI trade, a jumpy bond market and erratic policy signals with on-off-on tariff plans. Can these forces of resilience be counted on or do they bring risks of fragility?
Add it to the ETF Line Up
New Launches: (week ending 2/7) a few highlights…
- SDTY~ YieldMax SP500 0DTE Covered Call Strategy ETF
- ORCX~ Defiance Daily Target 2X Long ORCL ETF
Cohen & Steers debut 3 Active ETFs
- CSRE~ Cohen & Steers Real Estate Active ETF along with CSPF (Preferred & Income) and CSNR (Natural Resources)
BlackRock unveils 2 Money Market ETFs
- PMMF~ iShares Prime Money Market ETF AND GMMF~ iShares Government Money Market ETF
New Filings: Polkadot, Tuttle, Bitcoin
First ‘spot dot’ ETF filing…
- 21Shares files for a Polkadot ETF in the US; Dot with roughly $10B market cap, around 20th overall
Tuttle filed for a DeepSeek ETF and a UFO Disclosure ETF along w some other AI-y products
Amplify files for a Bitcoin Premium Income Fund…
- BITY will write call options 10% out of the money to generate income~ YBIT & YBTC both already do this now
Trump to launch a Bitcoin Plus ETF~ 1st ever POTUS ETF issuer! Shows just how wild 2025 may be~ the envelope getting pushed to extremes
ETF Checkup: Vanguard Effect, Bitcoin, Leverage
Vanguard did the biggest fee cut ever across 87 MFs and ETFs but….
The Vanguard Effect is now moving faster and is more powerful than Vanguard itself~ In most categories, they are NO longer the cheapest option even after recent cuts
Source: Bloomberg
No demand for spot btc ETFs?
- One year later, they posted a $5+billion inflow month
Source: Via@HODL15Capital
The number of 2x Equity ETFs launched last year smashed the old record…why?
- There’s a niche but loyal market who like trading these products
- Issuers can charge more because no Vanguard to deal with
