🐯Hi Tigers,Below are some slides from Grace Chiu, Direxion Managine Director Asia, from her live sharing on May 7th. She explained the basics of leveraged and inverse ETFs in a very impressive and detailed way. She also highlighted some catalysts that could impact the US equity market in 2024.click here to listen to the part that interests you.Below are 8 slides for Tigers, 🎁Bonus for reading >> In the bottom, we collect all the popular L&I ETFs (Tickers in Detial)for various popular themes that traders worth looking at. 🔥🚨Disclaimer: All material is for educational purposes only.1.Key insights shared in the LIVE2. Basics of Leveraged

Inflows into broadly diversified equity ETFs are continuing - albeit at a lower level. Shares in gold and copper producers are doing very well. Some are taking profits on tech stocks. 7 May 2024. FRANKFURT (Börse Frankfurt). ETFs continue to enjoy great popularity. “We had more than twice as many buys as sells,” explains Holger Heinrich from Baader Bank, looking back on the past week. Fabian Wörndl from Lang & Schwarz also sees continued buying, especially in the major indices such as the MSCI World and S&P 500. However, things are quieter due to the holidays. Heinrich speaks of another decline in turnover. “We are seeing significantly less trading volume,” reports Ivo Orlemann from ICF Bank. The stock markets have been able to catch up again after the recent setback. At midda

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Spot ETFs allow investors to take exposure to cryptocurrency without having to own it. They are considered a better option than futures-based ETFs, which are subject to rollover costs

The cumulative volume is also significantly lower than the U.S.-based spot BTC ETFs' first-day tally of $655 million. Nearly a dozen spot BTC ETFs began trading in the U.S. on January 11 and have pulled in nearly $12 billion in investor funds since then. Inflows, however, have recently slowed, stalling bitcoin’s uptrend.

The six ETFs that commenced trading in Hong Kong on Tuesday fell far short of expectations, with a combined trading volume of just $11 million, a fraction of the expected $100 million. Bitcoin ETFs accounted for $8.5 million of the tally, while ether ETFs contributed the rest

The leading cryptocurrency by market value fell nearly 2% from $63,300 to under $61,000 in 60 minutes to 09:00 UTC, CoinDesk data show. Ether (ETH), the second-largest cryptocurrency, slipped 2.8% to $3,066.

Bitcoin (BTC) faced selling pressure during European hours after data showed poor uptake for Hong Kong’s newly listed exchange-traded funds tied to bitcoin and ether.

Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

Approximately 14% of the $12.4 million daily trading volume was captured by spot Ether ETFs in Hong Kong with 86% flowing into Bitcoin-based ETFs.

Balchunas wrote in an April 30 X post: “You have to understand [that Hong Kong] is 1/168th the size of the U.S… That said, Hong Kong ETFs launched at a good time as the U.S. is slowing, so their $141m+ in inflows going to more than offset slightly negative U.S. flows.”

The Hong Kong-based ETFs only amassed $12.4 million in trading volume during the first day, which pales compared to the first-day trading volume of U.S. spot Bitcoin ETFs, valued at $4.6 billion.

Bitcoin fell to a weekly low of $60,543 on April 30, a day after the launch of the first batch of spot Bitcoin ETFs in Hong Kong. The world’s first cryptocurrency is down over 7.3% on the weekly and 13% on the monthly chart, according to CoinMarketCap.

Bitcoin's BTC tickers down $60,412 price fell below the $61,000 mark after the first spot Bitcoin exchange-traded funds (ETFs) went live in Hong Kong. Is Bitcoin at risk of going below $60,000 in the next few days?

Bitcoin could continue its decline below the $60,000 psychological mark after the debut of Hong Kong ETFs proved to be a sell-the-news event.

The cryptocurrency ETFs were issued by three Chinese firms — China Asset Management, Bosera Asset Management, and Harvest Global Investments — on the Hong Kong exchange.

Hong Kong on Tuesday launched six spot bitcoin and ether exchange traded funds — becoming the first in Asia to offer retail investors the ability to trade the cryptocurrencies at spot prices.

In January, the U.S. Securities and Exchange Commission approved changes to allow the creation of bitcoin ETFs in the U.S., but has yet to approve an ether ETF.