ETF

Two months, $2.6 billion: How NASA ETF turned SpaceX IPO access into a hot retail trade

Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs' Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of this past trading week, had reached over $2.6 billion in assets. That rapid rise is due in part to retail investors hunting for exposure to SpaceX before it goes public.

Vanguard index product becomes first ETF to top $1 trillion in assets

Vanguard index product becomes first ETF to top $1 trillion in assets ORLANDO, Florida, June 3 : The Vanguard S&P 500 ETF, the index investing pioneer's flagship exchange-traded product, became the first in the history of ETFs to reach and exceed $1 trillion in assets, the investment firm confirmed on Wednesday. The Vanguard fund hit this milestone, the latest record in the remarkable ascent of exchange-traded funds, on Tuesday, less than 18 months after overtaking State Street Investment...

Leveraged ETF assets double in two months as investors press AI bet

Assets in leveraged ETF nearly doubled over two months, as investors scrambled for maximum exposure to the artificial intelligence trend. "Investors increasingly use leveraged instruments linked to the 'AI-trade' – assets in leveraged ETFs linked to AI and Tech themes have surged, with exposures in the US and Korea/Taiwan rising sharply- more than doubling in recent months," wrote Goldman's Christian Mueller-Glissmann in a note. Goldman cited data from EPFR tracking 573 leveraged U.S. equity...

Retail investors fuel record buying in US software ETF as AI trade broadens

Retail investors fuel record buying in US software ETF as AI trade broadens June 2 : The largest exchange-traded fund (ETF) tracking U.S. software stocks clocked the biggest single-day buy-in by retail investors on record on Monday, data from Vanda Research showed. Software stocks have largely recovered their losses from earlier this year when fears of industry-wide disruptions due to the rise of AI gripped the sector, though volatility still persists. • Mom-and-pop traders bought stock...

Return Stacked ETF Outpaces S&P 500

Corey Hoffstein, CEO and CIO of Newfound Research, joins Katie Greifeld and Eric Balchunas on "Bloomberg ETF IQ." They drill down into the Return Stacked US Stocks and Managed Futures ETF (ticker: RSST).

Short-Sellers Are Lining Up to Take Bets Against Bond ETFs

Short-sellers are increasingly targeting bond ETFs, with Carson Block of Muddy Waters Capital LLC shorting Elf Beauty Inc. shares. This trend highlights the growing interest in taking bets against bond ETFs, as investors seek to capitalize on market fluctuations. The move by Block underscores the importance of careful analysis and strategic decision-making in the world of finance.

Crypto exchange Binance rolls out trading in US stocks, ETFs

Crypto exchange Binance rolls out trading in US stocks, ETFs June 1 : Crypto exchange Binance said on Monday it has launched stock and exchange-traded fund trading for customers on its platform, expanding beyond digital assets into traditional financial markets. Here are some details of the announcement: • Binance said users will have access to more than 7,000 U.S. stocks and exchange-traded funds on its app, in addition to crypto tokens. • Customers will also be able to buy fractional...

Test Your ETF Knowledge In Our IQ Test

Bloomberg's Joel Weber puts Scarlet Fu, Katie Greifeld, and Eric Balchunas to the test on "Bloomberg ETF IQ" in this week's edition of "IQ Test."

These ETFs surged thanks to early SpaceX stakes. What happens to them after the IPO?

Investors have recently flocked to ETFs that already have SpaceX exposure. But those funds are about to lose “whatever scarcity value” they once had, one expert warns.

State Street's Paglia on SBI Group Partnership, ETFs