iBET Sports Betting & Gaming ETF Up Big

The iBET (IBET) Sports Betting and Gaming ETF was up 4.10% on Wednesday. The fund has continued to add more exposure to China, adding to positions in Las Vegas Sands (LVS), Melco (MLCO) and Wynn in recent weeks and taking on new positions in SJM Holdings, MGM China, Wynn Macau and Sands China.

ETF Newz Says:

Macau gaming scholar Zeng Zhonglu has released a report showing estimates that Macau’s gross gaming revenue could jump up to 70% from pre-pandemic levels in 2023.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

BNP Paribas Launches Sustainable Corporate Bond ETFs

BNP Paribas Asset Management has introduced two new exchange-traded funds (ETFs) focused on sustainable corporate bonds. The BNP...

BMO Launches Innovative Structured Outcome ETFs on Cboe Canada

BMO has partnered with Cboe Canada to introduce four new Exchange Traded Products (ETPs) catering to various investment...

ProShares Launches Groundbreaking Ether Strategy ETF and Dual Bitcoin-Ether ETFs

ProShares, a global leader in crypto-linked ETFs, is set to launch the ProShares Ether Strategy ETF (EETH), marking...

Bitwise Launches Ethereum Futures ETFs Amid Ethereum’s Surging Growth

Bitwise Asset Management, a leading crypto index fund manager in the United States, has announced the upcoming launch...