In this week's fund news, SPDR’s head of research, Matthew Bartolini, uses the GME frenzy as a case study for ETFs’ effectiveness; the Mooch and Fidelity file for Bitcoin ETFs; and iShares and State Street slash ETF fees.
The world’s biggest exchange-traded fund issuer is cutting the expense ratios on nine iShares Morningstar U.S. Equity Style Box ETFs to a range of 0.03% to 0.06%.
This week in fund news: Quant manager warns of the "disconnect" in sentiment investing, Wall Street warms to crypto, and Morningstar says ARK’s punching well above its weight.
At least four firms now have live applications for an exchange-traded fund tracking Bitcoin, with WisdomTree Investments joining their ranks late last week.