BUZZ ETF

Trump's election win spurred market optimism, driving rallies in equities, crypto, and cyclical sector. The U.S. presidential election on November 5, 2024, proved to be a pivotal event for financial markets during the recent period between index selection dates (October 10, 2024 – November 21, 2024, the “Period”).

U.S. markets swung due to economic shifts, with initial drops from inflation fears followed by recovery hopes of relaxed Fed policies. Despite setbacks like weak GDP and rising treasury yields, improved earnings and employment data drove optimism.

Meme stocks surged on Monday following the comeback of "Roaring Kitty" or Keith Gill, a social media influencer who ignited the meme stock craze in 2021 on social media after a three-year hiatus.

During the time between Index selection dates (March 14, 2024 – April 11, 2024), domestic markets in the U.S. continued to increase, with the Federal Reserve's actions during its second Federal Open Market Committee (FOMC) meeting playing a significant role in driving equity market performance.

U.S. domestic markets saw gains, driven by advancements in cryptocurrency-related stocks and shifting investor expectations regarding interest rate expectations. U.S. domestic markets gained during the recent period between Index selection dates (February 8, 2024 – March 21, 2024, the “Period”).

The Securities and Exchange Commission said Wednesday that investment-management firm VanEck has agreed to pay $1.75 million in penalties for failing to disclose a social-media influencer's role in the launch of its VanEck Social Sentiment exchange-traded fund, known as BUZZ.

U.S. stock markets ended the year strong after the Fed held interest rates steady, prompting revised expectations and signaling lower interest rates in 2024. Domestic stock markets changed little during the recent period between Index selection dates (December 14, 2023 to January 10, 2024, the “Period”).

With the U.S. economy witnessing upbeat economic datapoints and Q2 earnings season unfolding in a decent manner, Wall Street is likely to continue its run ahead.

On this episode of ETF Prime, host Nate Geraci speaks with a trio of industry experts to discuss key stories and trends. He begins with Dave Nadig from VettaFi, exploring significant and hype cycle topics that have shaped the industry in the last several years.