Page 9 - Procure Space News Today

5 Min Read LONDON (Reuters) - From cat food to cannabis, it’s boom time for quirky ETFs offering the chance to punt on niche themes in fast-growth sectors, but their huge gains are unnerving some who see them as another price-inflated asset that may threaten market stability. FILE PHOTO: A statue of a girl facing the Wall St. Bull is seen in the financial district in New York, U.S., March 7, 2017. REUTERS/Brendan McDermid/File Photo While Reddit “gamestonks” have grabbed recent headlines,...

LONDON: From cat food to cannabis, it’s boom time for quirky ETFs offering the chance to punt on niche themes in fast-growth sectors, but their huge gains are unnerving some who see them as another price-inflated asset that may threaten market stability.

Synopsis While Reddit "gamestonks" have grabbed recent headlines, retail investors are also credited with large flows into exchange-traded funds - basically a tradable basket of shares - swelling their assets by more than $1 trillion last year, according to Refinitiv. Reuters And growth has been especially notable in ETFs that aim to harness returns from themes that capitalise on societal and economic trends, from space travel to pet care, and marijuana to medical tech. LONDON: From cat food to...

Space! It holds the promise of riches beyond our wildest dreams — solar systems bursting with precious resources ripe for the taking. Just the idea of such prizes has set off a frenzied rush by global business entrepreneurs to claim stakes in this new frontier. The private sector has increasingly pushed aside governments and their contractors in a frenzied bid to develop commercial space exploration, at the same time using all their cost-cutting prowess to reduce the cost of putting people...

What Might The New ARK Space Exploration ETF Look Like? The ARK Space Exploration ETF (ARKX) is on the way. Heres a guess at which stocks might be included. Author: Jan 26, 2021 In case you missed it, ARK recently made a huge announcement that it plans on launching the ARK Space Exploration ETF (ARKX) at some point in the near future. It will be the 8th fund in the ARK lineup and certainly fits in with the companys overall theme of identifying next-gen disruptive innovation. Like most of the l...