COMMENTARY During a Presidential election year, the VIX typically rises each month as the election approaches and this year was no different. In addition, just two days after the November 5th election investors will face another decision from the Fed on the path and pace of interest rate cuts – an extraordinary intersection of economic and policy information – so it’s no surprise that volatility remained high throughout October this year. While the equity market showed remarkable resiliency in the face of uncertainty, remaining in positive territory for most of the month, a sharp drop over the final few days of the month turned October from green to red, remarkably still only the second negative month for equities in 2024. Nevertheless, the selloff was a stark reminder of the uncertainty awaiting in the month ahead.
Blockchain Adoption Will Accelerate Tokenization As of October 31, 2024, BLOK’s NAV returns were up 6.99% and YTD performance was 34.31% (see standardized performance). In the last report, we provided a great deal of information around how trillions worth of value creation is occurring on a regular basis as a result of blockchain technology. We did this because, while it is easy to see Bitcoin as the most valuable blockchain because of its price action and value proposition, it is evident to us that on a longer-term basis, tokenization of real-world assets (RWA) using other blockchains may ultimately have even greater societal and business implications. Moreover, while 2024 has proven to be a rewarding year for our investors, we foresee business momentum building upon itself as a result of the election. Bottom line, in 2025 we foresee greater regulatory clarity from the government, increased capital access, and an increase in large firms embracing blockchain as a competitive advantage.
Amplify ETFs Launches the Amplify Small-Mid Cap Equity ETF (NYSE Arca: SMAP)
Amplify ETFs Launches Targeted 12% Annual Option Premium Fixed Income ETF: Amplify Bloomberg U.S. Treasury Target High Income ETF (CBOE: TLTP)
Amplify ETFs Launches Targeted 12% Annual Option Premium Fixed Income ETF: Amplify Bloomberg U.S. Treasury Target High Income ETF (CBOE: TLTP)
The Cannabis Recap - October 28, 2024
Amplify ETFs Declares October Income Distributions for its Income ETFs
Amplify ETFs Declares October Income Distributions for its Income ETFs
The Cannabis Recap - November 07, 2024
The Cannabis Recap - November 13, 2024
DIVO Commentary October 2024
BLOK-Chain Monthly November 2024