Samsung Group’s investment arm is slated to list a blockchain exchange-traded fund on the Hong Kong Exchange (HKEX) in the first half of this year, according to The Korea Economic Daily.
If the market continues to drop, shares of the Direxion Daily Financial Bear 3X Shares ETF (NYSE: FAZ) should skyrocket. It is designed to move in the opposite direction of the financial sector stocks. If they go down, FAZ will go up.
This ETF also uses leverage. This can add to the profits.
Cathie Wood's investment strategy deserves some attention. Not because it should be modeled, but because investors can learn from the Ark Invest CEO's mistakes and hope to avoid falling into the same traps.
The Direxion NASDAQ-100 Equal Weighted Index Shares (NYSE: QQQE) can give great signals. For example, it peaked one month before the NASDAQ-100 did.
There is a good reason for this.
Cathie Wood, founder and CIO of ARK Investment Management, thinks the U.S. Securities and Exchange Commission's (SEC) decision to reject a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) “makes no sense.”
The first-ever exchange-traded product combining Bitcoin and Gold has launched in Europe, offering long-term rewards and inflation protection, at least in theory