This ETF is shorting Meta stock. Here's why:
the firm was not doing what it claimed in regard to removing hate speech and posts encouraging violence — made it unsuitable for the ETF. The fund takes a short position on 40 Meta shares, the only one out of the 59 companies in its holdings.
“Facebook seems to be the antithesis of what actual consumers want their digital futures to look like,” said Auerbach. “Mark [Zuckerberg] and his team are not the best custodians of our digital futures.”“We want to make sure this industry develops, without getting"Zucked-up," from those who see the true potential of this space."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Fidelity Seeks SEC Approval for Metaverse ETFThe financial services giant filed an application for an ETF that will track companies developing and selling products for the metaverse.
Baca lebih lajut »
Valkyrie Applied With the SEC to Launch a Bitcoin Miners ETFValkyrie has filed an application with the US SEC to launch an exchange-traded fund tracking the performance of BTC mining firms.
Baca lebih lajut »
Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices – Featured Bitcoin NewsNet inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004.
Baca lebih lajut »
SEC Rejects Fidelity’s Wise Origin Bitcoin ETF ProposalThe SECGov has rejected yet another proposal to list a spot bitcoin exchange-traded fund (ETF), this time from Fidelity By Tanzeel_Akhtar
Baca lebih lajut »
Valkyrie files for bitcoin mining ETFValkyrie has filed for an ETF that will invest the majority of its net assets in companies focused on bitcoin mining.
Baca lebih lajut »
Valkyrie aims for ETF linked to Bitcoin mining firms on NasdaqThe Bitcoin Miners ETF from asset manager Valkyrie would invest up to 20% of its net assets in companies holding 'a significant portion of their net assets' in Bitcoin.
Baca lebih lajut »