Latest Insights
Cannabis Reclassification Developments
Cannabis stocks and ETFs are lighting up the headlines, as a potential policy shift could redefine the cannabis industry.
Audio Commentary by Tim Seymour, IDVO Portfolio Manager
Blockchain as a technology is more than just the transfer of value using Bitcoin or Ethereum. It helps industries operate more efficiently as a whole. In last month’s report we highlighted the effectiveness of the blockchain at banks, like JP Morgan, who used tokenization to transfer value more efficiently over their system. We believe that as the financial rails with regulatory scrutiny prove that tokenization can work to store and save value, other industries will embrace the benefits to help solve their own defined issues. We have seen evidence of this lately through the acceleration of patent filing on Non-Fungible Tokens (NFTs) by many major firms.
Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in Amplify Funds statutory and summary prospectus, which may be obtained by calling 855-267-3837 or by visiting AmplifyETFs.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Amplify ETFs are distributed by Foreside Fund Services, LLC.
Cannabis Reclassification Developments
Cannabis stocks and ETFs are lighting up the headlines, as a potential policy shift could redefine the cannabis industry.
Audio Commentary by Tim Seymour, IDVO Portfolio Manager