The reconstitution will increase the concentration of the top 10 largest companies in the large-cap Russell 1000 Index.
Previous attempts at starting spot-bitcoin products have faced opposition by regulators.
The highly specific ETFs were once niche products with a couple billion dollars between them a decade ago.
Tech stocks have skyrocketed this year, with the Nasdaq-100 advancing 35%.
Hot markets, while seductive, can also be dangerous.
Was Warren Buffett right all along and you should just invest in the S&P 500 with a bit in bonds as a hedge? Yes.
The bulk of that inflow comes from a $787 million cash influx last week.
The JPMorgan income ETFs have lagged big benchmarks such as the S&P 500 and Nasdaq 100 this year.
These funds attracted a lot of attention last year but inflows have since slowed to a "drizzle," the research firm says.
So far this week, more than $1 billion has flooded into the $35 billion Invesco S&P 500 Equal Weight ETF.
Clients have more options for customization, and RIAs get streamlined processes.
Three Ark funds bought shares in Coinbase Tuesday even as it tumbled as much as 21%.
Cash and its equivalents took second place in popularity among surveyed advisors.
The firm said ESG strategies are too focused on divestment instead of investment in renewables and low carbon.
The $127 million Goldman Sachs Hedge Industry VIP ETF has rallied more than 16% so far in 2023.
Factor funds have not reaped the big gains of the 2023 rally. But people still want in.
But the research firm said mutual funds will continue to serve a role in retirement accounts.
The Nvidia number that made Wood pause is the 25 times estimated sales for the current financial year.
The hedge fund strategy of trading ahead of indexes is itself causing overcrowding in some positions.
The SEC claims that he executed more than 18,000 trades to buy stocks at artificially low prices and then sell at artificially high prices.