Yahoo Finance: Dave Nadig Talks Up Crypto ETF Expectations April 21, 2021
There’s been a lot of noise in the world of cryptocurrency this year and plenty of signs of a dedicated ETF. Joining the “ETF Report” with hosts Alexis Christoforous and Kristin Myerson Yahoo Finance, ETF Trends’ CIO and Director of Research, Dave Nadig, speaks to what to expect as far as a fund is concerned.
As of now, Nadig believes the fall may be the best time to expect some official announcement of a crypto ETF. Six months from when the Toronto exchanged started trading on the BTCC seems like a reasonable time to expect guidance from the SEC.
A Portfolio DTOX? This New ETF Caters to Clean Living April 20, 2021
The pandemic certainly put a re-emphasis on keeping healthy in terms of mind, body, and soul. ETF provider Amplify saw an opportunity and ran with it with the introduction of a new ETF that caters to clean living.
Amplify is the same provider that launched other popular ETFs, such as
A Securities and Exchange Commission (SEC) filing shows that if approved, the fund will be known as the Amplify Cleaner Living ETF and trader under the ticker symbol “DTOX.” Based on the filing, the purpose of the fund is to seek investment results that generally correspond (before fees and expenses) to the price and yield of the Tematica BITA Cleaner Living Index.
Looking for Performance? Consider 3 Actively-Managed ETFs April 20, 2021
Blockchain, cannabis, and dividend yields are a few of the top-performing sectors in the actively-managed space from ETF providers Amplify and Cambria.
Blockchain Tops the List
As cryptocurrencies continue to see interest from investors large and small, institutional and non-institutional, so are their underlying technologies: blockchain. This is helping active funds like the
BLOK seeks to provide total return by investing at least 80% of its net assets (including investment borrowings) in the equity securities of companies actively involved in the development and utilization of transformational data sharing technologies. It may invest in non-U.S. equity securities, including depositary receipts.
If approved, the index-based fund will launch later this year under the ticker DTOX, Amplify founder and CEO Christian Magoon told CNBC s ETF Edge this week.
DTOX will track companies in the building and infrastructure, health, beauty, food, dining, energy and transportation area that are producing products that are better for either the environment or better for the human body, Magoon said in a Monday interview.
It sounds broad-based, but Amplify has proposed relatively rigid rules for its holdings. They have to have about 80% of their revenue in those spaces, Magoon said. It s really kind of capitalizing on this trend that people want to live more cleanly in terms of their footprint, in terms of their health, in terms of the environment, he said. We think that s a trend that s going to be here to stay for quite a while. We think companies that are pivoting to that and have the majority of their revenue from that have a chance to produce some alpha.
If approved, the index-based fund will launch later this year under the ticker DTOX, Amplify founder and CEO Christian Magoon told CNBC s ETF Edge this week.
DTOX will track companies in the building and infrastructure, health, beauty, food, dining, energy and transportation area that are producing products that are better for either the environment or better for the human body, Magoon said in a Monday interview.
It sounds broad-based, but Amplify has proposed relatively rigid rules for its holdings. They have to have about 80% of their revenue in those spaces, Magoon said. It s really kind of capitalizing on this trend that people want to live more cleanly in terms of their footprint, in terms of their health, in terms of the environment, he said. We think that s a trend that s going to be here to stay for quite a while. We think companies that are pivoting to that and have the majority of their revenue from that have a chance to produce some alpha.