August 14, 2024 – Chicago, IL—Amplify ETFs, a leading provider of exchange traded funds, today announced the scheduled liquidation of three ETFs (the “Funds”).
In an era where climate change debates heat the political sphere, many savvy business owners and investors are turning their focus toward a cooler, more sustainable future.
Blockchain: No More Lines at the DMV BLOK closed July with a positive NAV return of 3.52% and YTD performance of positive 22.83% (see standardized performance). Then August hit, and market volatility erupted. This, of course, has had a negative effect on the price action of Bitcoin, ETF flows, and many of the stocks in the portfolio that tend to be high beta. However, while the correction in price is a challenge to watch, it does not change the momentum of the infrastructure buildout in Blockchain or, according to our research, the long-term trend around Bitcoin adoption.
Considerations for Portfolio Positioning Given the Fed is Signaling a Rate Cut. The Federal Reserve has sent clear signals: The era of interest rate hikes begun in March 2022 is over and it’s time to start cutting rates. Investors are parsing through the Fed’s signals and economic data to see how much of a rate cut to expect at the next meeting. Investors may want to consider if their portfolios are positioned for a new rate regime, or if adjustments should be made.
Blockchain: Adoption Trends Are Accelerating BLOK was down 3.81% (NAV return) in the month of August, with YTD performance of positive 18.15% (see standardized performance). Long term adoption is challenging to measure in the face of near-term market volatility, but the evidence we bring you in this latest report shows a breakthrough in the insurance market as well as further adoption of Real World Assets (RWA) in the form of Stablecoins and broad “Active Addresses.”
Amplify ETFs to Liquidate Three ETFs
Climate Capital: The Case for ESG Investing
BLOK-Chain Monthly August 2024
Amplify ETFs Launches The Amplify CWP Growth & Income ETF (NYSE Arca: QDVO)
The Cannabis Recap - August 21, 2024
Amplify ETFs Declares August Income Distributions for its ETFs
The Cannabis Recap - August 26, 2024
The Cannabis Recap - September 09, 2024
Rate Cut: Historical Insights for Portfolio Positioning
BLOK-Chain Monthly September 2024