Industrial metal ETPs saw four consecutive weeks of inflows.
Crude oilETP outflows of US$29.3mn followed a 3.3% oil price rally last week.
Record inflows of US$56.3mn into robotic ETFs. Inflows into robotic ETFs rose to US$56.3mn, the highest weekly flow since their inception. Inflows into cybersecurity ETFs rose to US$15.9mn, the highest since June 2017. Robust inflows into these ETFs track a broader trend of strong performance in technology stocks (the S&P 500® Information Technology Index has risen 5.1% year-to-date for example). However, the increased of utilisation of automation and growing concerns about software security have piqued interest in this sub-class of technology in particular.
Industrial metal ETPs saw four consecutive weeks of inflows. Inflows into long broad industrial metal ETPs amounted to US$22.5mn (a three week high) and inflows into long copper ETPs amounted to US$14.9mn (a six week high). Global Manufacturing Purchasing Indices (PMIs) rose to a seven-year high at the end of 2017. The PMI survey indicates that demand for industrial metals will be strong in 2018 with growth of output, new orders and employment reaching levels last achieved in early- 2011. Last week’s China custom’s import data revealed that 2017 imports of copper ore and concentrate rose to an all-time high.
Long crude oil ETPs outflows of US$29.3mn followed a 3.3% oil price rally last week. Oil ETPs saw their 19th consecutive week of outflows. Investors appear to be taking profit on the most recent oil price rally. Oil prices touched US$70/bbl last week, up from US$56/bbl a year ago. Oil prices have received a tail-wind from falling crude oil inventories in the US, increased geopolitical tensions (in particular in Iran) and strong compliance by OPEC countries with their deal to curb production. However, looking beyond the headlines we see that gasoline inventories have risen (indicating that inventories have simply shifted from crude to product).
Geopolitical issues tend to wax and wane and so we doubt that the geopolitical premium will be persistent. US production of oil is likely to rise to an all-time high in 2018. Lastly with prices currently so strong, the incentive for OPEC countries to end their deal prematurely in June has increased. Although momentum may push oil prices back above US$70/bbl, we don’t think prices are sustainable at that level if fundamentals re-assert themselves over the coming month.
USD ETP shorts rose to a five week high. Rumours that the China will curb its purchases of US Treasuries (although never substantiated) spooked the market and led to a 1.5% depreciation in the dollar basket (DXY). There were US$6.6mn inflows into short US Dollar ETPs, mainly against the Euro. News that Angela Merkel’s Christian Democrat (CDU) party in Germany had reached a breakthrough with the Social Democrats (SPD) on Friday to form a coalition lent support to the Euro.
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I denna text tittar vi närmare på olika börshandlade produkter som ger exponering mot Sui. Precis som för många andra kryptovalutor och tokens finns det flera olika börshandlade produkter som spårar Sui. Vi har identifierar tre stycken sådana produkter.
De olika produkterna skiljer sig en del åt, en del av emittenter av ETPer arbetar med så kallad staking för vissa kryptovalutor, vilket gör att förvaltningsavgiften kan pressas ned. Det är emellertid inte så att alla dessa börshandlade produkter är identiska varför det är viktigt att läsa på.
Börshandlade produkter som ger exponering mot Sui
Precis som för många andra kryptovalutor och tokens finns det flera olika börshandlade produkter som spårar Sui. Det finns faktiskt tre börshandlad produkter som är noterade på svenska börser vilket gör att den som vill handla med dessa slipper växlingsavgifterna, något som kan vara skönt om det gäller upprepade transaktioner i olika riktningar.
För ytterligare information om respektive ETP klicka på kortnamnet i tabellen nedan.
Dogecoin’s performance and staying power across multiple market cycles suggest it is not “just another one of those memecoins”.
Over the past decade, DOGE has outperformed even Bitcoin, delivering over 133,000% in returns, nearly 1,000x BTC’s gains in the same period. Despite deep drawdowns during bear markets, Dogecoin has shown remarkable structural resilience.
Following each major rally, it has consistently formed higher lows, a pattern of long-term appreciation and compounding strength.
Historically, Dogecoin has closely mirrored Bitcoin’s movements, often peaking a few weeks after. While 2024 saw Bitcoin dominate headlines following landmark ETF approvals, DOGE still followed its trajectory, though it has yet to stage its typical delayed breakout.
As macro uncertainty continues to fade and momentum returns to the market, retail participation is likely to accelerate, setting up conditions in which Dogecoin has historically thrived.
At the same time, regulatory clarity around Dogecoin has improved. The SEC recently confirmed that most memecoins are not considered securities, comparing them to collectibles. Additionally, they clarified that proof-of-work rewards, like those earned from mining DOGE, also fall outside that scope. These developments further legitimize Dogecoin’s role in the ecosystem, potentially setting the stage for its next paw up, especially as it now holds a firm base around $0.17, nearly 3x its pre-rally level before reaching a new all-time high in the last cycle.
In addition to its long-term performance, Dogecoin stands out as an asset that behaves asymmetrically, offering investors a rare source of uncorrelated returns across both traditional and crypto portfolios. With an average correlation of just 15% to major assets, DOGE’s price action remains largely detached from broader macroeconomic trends, reinforcing its value as a true diversification tool.
Dogecoin demonstrates significant independence within the crypto market, with its correlation to Bitcoin at only 31% and to Ethereum at 37%. This divergence stems from unique capital flow dynamics, where higher-beta assets like DOGE tend to rally after blue-chip crypto assets reach major milestones.
While Bitcoin slowly evolves into a digital store of value and Ethereum powers decentralized infrastructure, Dogecoin remains largely a cultural asset, thriving on narrative momentum and crowd psychology, offering explosive upside when risk appetite surges.
For investors seeking an upside without mirroring the behavior of core holdings, Dogecoin offers a compelling case. Its ability to decouple from market trends while tapping into more speculative surges makes it a powerful, though unconventional, addition to a portfolio with wildcard potential.
Research Newsletter
Each week the 21Shares Research team will publish our data-driven insights into the crypto asset world through this newsletter. Please direct any comments, questions, and words of feedback to research@21shares.com
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The information provided does not constitute a prospectus or other offering material and does not contain or constitute an offer to sell or a solicitation of any offer to buy securities in any jurisdiction. Some of the information published herein may contain forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those in the forward-looking statements as a result of various factors. The information contained herein may not be considered as economic, legal, tax or other advice and users are cautioned to base investment decisions or other decisions solely on the content hereof.
Amundi S&P Global Industrials ESG UCITSETF EUR (D) (MWOA ETF) med ISIN IE00026BEVM6, försöker följa S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials index. Det S&P-utvecklade ex-Korea LargeMidCap Sustainability Enhanced Industrials-indexet spårar industrisektorn. Aktierna som ingår filtreras enligt ESG-kriterier (miljö, social och bolagsstyrning).
Den börshandlade fondens TER (total cost ratio) uppgår till 0,18 % p.a. Amundi S&P Global Industrials ESG UCITSETF EUR (D) är den billigaste ETF som följer S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials index. ETFen replikerar det underliggande indexets prestanda genom full replikering (köper alla indexbeståndsdelar). Utdelningarna i denna ETF delas ut till investerarna (Årligen).
Amundi S&P Global Industrials ESG UCITSETF EUR (D) är en mycket liten ETF med 4 miljoner euro under förvaltning. ETFen lanserades den 20 september 2022 och har sin hemvist i Irland.
Investeringsmål
AMUNDI S&P GLOBAL INDUSTRIALS ESG UCITSETF DR – EUR (D) försöker replikera, så nära som möjligt, resultatet av S&P Developed Ex-Korea LargeMidCap Sustainability Enhanced Industrials Index (Netto Total Return Index). Denna ETF har exponering mot stora och medelstora företag i utvecklade länder. Den innehåller uteslutningskriterier för tobak, kontroversiella vapen, civila och militära handeldvapen, termiskt kol, olja och gas (inkl. Arctic Oil & Gas), oljesand, skiffergas. Den är också utformad för att välja ut och omvikta företag för att tillsammans förbättra hållbarhet och ESG-profiler, uppfylla miljömål och minska koldioxidavtrycket.
Det betyder att det går att handla andelar i denna ETF genom de flesta svenska banker och Internetmäklare, till exempel DEGIRO, Nordnet, Aktieinvest och Avanza.