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Quote of the Day

“To summarize, when you sort open-end funds and ETFs based on the volatility of their cash flows, you find that ETFs are more heavily represented (as a percentage of their assets) in the more volatile quintiles than open-end funds. “

(Jeff Ptak) Chart of the Day

Bitcoin (and Ethereum) as a percentage of ETF assets.

(entrylevel.topdowncharts.com) Markets Crypto Meta Fund management Private assets State capitalism Tariffs Economy Earlier on Abnormal Returns Mixed media

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