Russian ETFs Continue to Fall

Share post:

The VanEck Russia ETF fell 30.6% Monday and another 18% on Tuesday as the conflict in Ukraine continues on. The Russian stock market was closed on Monday & Tuesday so traders are estimating the price of the underlying holdings. Some of the stocks in this ETF were traded on the LSE. IShares MSCI Russia ETF fell 32% on Tuesday.

ETF Newz Says:

There is going to be increasing pressure on Funds that have holdings in Russian Stocks. This is just the start as investors are going to continue to vote with their dollars over the coming weeks.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...