FUND LAUNCH

Launch of LGBTQ ETF comes from its community

Launch of LGBTQ ETF comes from its community

The great and the good have come out to support the launch of LGBTQ Loyalty Holdings’ first ETF targeted at the LGBTQ community, with Martina Navratilova on the board, saying: “I am thrilled that the launch of the LGBTQ + ESG100 ETF has arrived. Today is an important day for advancing equality, as we showcase companies that align and support the LGBTQ community through this announcement. Seeing the trading symbol ‘LGBT’ listed on Nasdaq is truly historic.” 

RESEARCH

Leverage Shares launches first European non-leveraged single stock ETPs

Leverage Shares launches first European non-leveraged single stock ETPs

A poll of European retail investors conducted by Leverage Shares, the European pioneer in S&L ETPs on single stocks, has revealed that, in the UK, the number one irritation was not being able to buy crypto ETPs, followed by the costs of FX conversion – particularly onerous for active traders – and the fact that many Asian stocks, held within an ISA, can’t be bought individually because the Asian exchanges are not deemed to be properly regulated. 

INTERVIEW

Invesco’s low and high volatility ETFs shine bright light on volatility path behind and maybe path ahead

Invesco’s low and high volatility ETFs shine bright light on volatility path behind and maybe path ahead

May you live in interesting times is, famously, a curse, but a low volatility ETF from Invesco, the S&P 500 Low Volatility ETF (SPLV), has sailed through some 10 years of ‘interesting times’, and its performance provides an interesting overview of market volatility over that period, and along with its higher volatility sibling, SPHB, might even provide a little opportunity to forecast what lies ahead. 

DIGITAL ASSETS

Bitcoin mining could become a net positive to the environment, says contrarian ARK

Bitcoin mining could become a net positive to the environment, says contrarian ARK

Always the contrarians, ARK’s cryptocurrency analyst, Yassine Elmandjra, has commented on Elon Musk’s announcement last week that, henceforth, Tesla would not be accepting bitcoin for the purchase of its vehicles, this, roughly three months after its USD1.5 billion investment in the currency, and just one month after announcing that it would take bitcoin in payment for its cars.