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FOMO ETF To Launch on the CBOE

FOMO ETF To Launch on the CBOE Portfolio Offers Investors a Way to Avoid Missing Out on Market Trends News provided by Share this article Share this article NEW YORK, May 25, 2021 /PRNewswire/  FOMO ETF (CBOE: FOMO) will start trading on the Chicago Board Options Exchange (CBOE) today. FOMO offers investors the chance to invest in current market trends. The problem with most thematic ETFs is they only invest in one area of the market, they don t rebalance frequently enough to stay in harmony with what is going on in markets, and they tend to be too highly concentrated, says Matthew Tuttle, Chief Executive Officer and Chief Investment Officer of Tuttle Capital Management LLC ( TCM ), who serves as the Adviser to FOMO. FOMO can shift exposure to whatever happens to be trending at the time, it rebalances weekly so it can stay in harmony with market trends, and it weights holdings appropriately.

Professor Dan Galai, Pioneer of Wall Street s Fear Index , Joins Crypto Volatility Index as Advisor

Place/Date: TEL AVIV, ISRAEL - May 13th, 2021 at 1:00 pm UTC · 3 min read Source: Crypto Volatility Index The Crypto Volatility Index project, an open-source decentralized finance protocol backed by COTI, is welcoming professor Dan Galai, the co-creator of the VIX, into its board of advisors. Prof. Galai will assist the CVI team in establishing the protocol as the market standard for a crypto analog of the VIX. The CBOE Market Volatility Index, commonly known by its ticker VIX and often referred to as the “Fear Index”, is a financial instrument tracking the real-time implied volatility of 30-day S&P 500 options. It was initially designed by Dan Galai and Menachem Brenner in a series of papers published after 1989, where they envisioned the creation of a series of volatility indices for different asset classes, including stock markets but also interest rates and foreign exchange rates. The concept was later implemented by the Chicago Board Options Exchange in 1993.

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