Two new option listings on October 25th
New ETF Listings: On October 25th, two new options will be listed: T-Rex 2X Inverse Ether Daily Target ETF (ETQ) and T-Rex 2X Long Ether Daily Target ETF (ETU).
Market Context: These listings are part of the ongoing developments in the cryptocurrency investment landscape as of October 2023.
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Tariffs, Inflation And Tumbling Markets: These 5 ETFs Thrived Amid Last Week's Chaos
Market Reaction to Tariffs: President Trump's announcement of a 25% tariff on auto imports heightened inflation concerns, leading to a decline in consumer confidence and significant market volatility, particularly affecting automotive stocks like General Motors and Ford.
Performance of ETFs: Despite the market turmoil, several ETFs performed well, including those focused on gold and inverse strategies related to AI and cryptocurrency, as investors sought safe-haven assets amid rising inflation and economic uncertainty.
Wall Street's Losing Streak Deepens, But These 5 ETFs Defy The Slump
Market Performance: Wall Street experienced its fourth consecutive losing week, with the S&P 500 falling into correction territory amid investor anxiety over trade tensions and government spending cuts, despite some ETFs showing strong performance due to specific sector demands.
Economic Concerns: Investor confidence declined as inflation expectations rose, and fears of stagflation grew, while gold prices surged to a record high. Markets showed slight recovery towards the end of the week following news that a government shutdown would be avoided.
TLT, ETQ: Big ETF Outflows
ETF Outflows: The ETQ ETF experienced the largest outflow, losing 10,000 units, which equates to a 33.3% decline in outstanding units compared to the previous week.
Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.
Tariffs, Inflation And Tumbling Markets: These 5 ETFs Thrived Amid Last Week's Chaos
Market Reaction to Tariffs: President Trump's announcement of a 25% tariff on auto imports heightened inflation concerns, leading to a decline in consumer confidence and significant market volatility, particularly affecting automotive stocks like General Motors and Ford.
Performance of ETFs: Despite the market turmoil, several ETFs performed well, including those focused on gold and inverse strategies related to AI and cryptocurrency, as investors sought safe-haven assets amid rising inflation and economic uncertainty.
Wall Street's Losing Streak Deepens, But These 5 ETFs Defy The Slump
Market Performance: Wall Street experienced its fourth consecutive losing week, with the S&P 500 falling into correction territory amid investor anxiety over trade tensions and government spending cuts, despite some ETFs showing strong performance due to specific sector demands.
Economic Concerns: Investor confidence declined as inflation expectations rose, and fears of stagflation grew, while gold prices surged to a record high. Markets showed slight recovery towards the end of the week following news that a government shutdown would be avoided.
TLT, ETQ: Big ETF Outflows
ETF Outflows: The ETQ ETF experienced the largest outflow, losing 10,000 units, which equates to a 33.3% decline in outstanding units compared to the previous week.
Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.
