2021 News of the Year
By Jeff Berman, Bernice Napach, Ginger Szala | Melanie WaddellWe review the major developments affecting financial advisors — from Wall Street to Washington — over the past 12 months.
November 03, 2021
Direxion Pulls Filing for ETF That Would Bet Against BitcoinThe application for the Direxion Bitcoin Strategy Bear ETF was made on Oct. 26; SEC staff requested it be withdrawn the same day.
October 29, 2021
Facebook's Doppelganger ETF Rakes in Cash on Mistaken IdentityThe $142 million Roundhill Ball Metaverse ETF, which trades under the ticker META, saw an inflow of $12.5 million.
October 27, 2021
The Problem With Bitcoin Futures ETFsThe two Bitcoin futures ETFs that launched last week are trading below their initial prices.
October 20, 2021
Why Crypto Bull Cathie Wood Skipped the New Bitcoin ETF"There are some tax ramifications we'd like to understand more ... ," she said at the Milken Institute Global Conference on Tuesday.
September 29, 2021
'Wild West' of ESG Ripe for a Crackdown, Veteran Investor SaysTrillium's Matt Patsky can't wait for tougher regulations to stamp out the false claims by fund managers in the $35 trillion industry.
September 29, 2021
Cathie Wood Sells $270M in Tesla as Bond Selloff HitsSome 11% of the famous ARK Innovation ETF is still betting on Elon Musk's company, according to data compiled by Bloomberg.
September 28, 2021
Betting, Alcohol, Drugs: New B.A.D. ETF Will Live Up to Its NameListed Funds Trust is planning to create a passive product that will track an index of betting, alcohol and drugs companies.