Top ETFs of the week: Crypto, Energy & Palladium

Bitcoin soars higher on regulatory optimism

Iconic Funds Physical Bitcoin ETP, 21Shares Bitcoin ETP and Bitcoin Tracker Euro ETC surged by more than +15% on higher Bitcoin price as U.S Bitcoin ETFs inch closer to existence. Bitcoin price breached the $50,000 level and is worth close to $1 trillion in terms of market capitalization. 

Recently, the U.S. Securities and Exchange Commission (SEC) has extended again its review of applications of four Bitcoin ETFs applications from Global X, Kryptcoin, Valkyrie and WisdomTree by 45 to 60 days. The SEC recently approved an ETF that aims to provide investors with exposure to publicly traded companies with exposure to bitcoin, the Volt Crypto Industry Revolution and Tech ETF (BTCR).

Energy ETFs prosper on lingering energy crunch

Energy ETFs continue to break through our weekly top performing ETFs list in tandem with the rising oil prices. Brent oil futures have been trading above $80/barrel and WTI is flirting with same price levels. Natural Gas prices in North America (Henry Hub) on the other hand receded on warmer weather patterns, while EU prices cooled off after President Putin expressed Moscow's will to stabilize the gas markets.

The top Energy ETFs for the week include iShares Oil & Gas Exploration & Production UCITS ETF, Horizons S&P/TSX Capped Energy Index ETF, VanEck Vectors Unconventional Oil & Gas ETF and iShares S&P/TSX Capped Energy Index ETF, gaining between 7-8.5% each.

Investors should note that VanEck will de-list the VanEck Vectors Unconventional Oil & Gas ETF (FRAK) on October 15. More info here.

Palladium ETFs regain their shine

Precious metal palladium, which is used primarily as an emissions purifier for gasoline engines came back to life after suffering from steep losses over the second half of the year. Prices of palladium reached a 2-year low in September at $1,827/oz. then rebounded to the $2,000/oz. levels last week. Analysts mostly attributed the bounce-back to short-covering after the dip in December futures.

Exchange-traded-Commodities (ETCs) that invest in palladium tagged along with GPF Physical Palladium ETC, Invesco Physical Palladium ETC, iShares Physical Palladium ETC, UBS ETF (CH) – Palladium and WisdomTree Physical Palladium ETC gaining around +7.0%.

Honorable Mentions: Indonesia, Gold miners and Chinese tech

Indonesian Equity ETFs Lyxor MSCI Indonesia UCITS ETF, HSBC MSCI INDONESIA UCITS ETF and Xtrackers MSCI Indonesia Swap UCITS ETF registered more than 7% gains as shares hit their highest since January on Friday 8th of October. This happened a day after the parliament approved a law for one of its most ambitious tax overhauls, including raising value-added tax (VAT) next year, a new carbon levy and cancelling a planned corporate tax cut.

Sprott Junior Gold Miners ETF gained +8.29% on higher gold prices as global equity sell-offs sends investors to safe haven assets.

BMO China Equity Index ETF and KraneShares CSI China Internet ETF rose by +7.69% and +6.59% as investors go bargain hunting for some of the depressed Chinese technology shares after an extended period of sell-off.

Top 10 ETFs of the week

Europe

• iShares Oil & Gas Exploration & Production UCITS ETF: +7.27%
• Lyxor MSCI Indonesia UCITS ETF: +7.25%
• HSBC MSCI INDONESIA UCITS ETF: +7.21%
• Xtrackers MSCI Indonesia Swap UCITS ETF: +7.20%
• GPF Physical Palladium ETC: +6.88%
• Invesco Physical Palladium ETC: +6.88%
• iShares Physical Palladium ETC: +6.88%
• UBS ETF (CH) – Palladium: +6.88%
• WisdomTree Physical Palladium ETC: +6.87%
• WisdomTree Nickel: +6.86%

Americas

• Horizons S&P/TSX Capped Energy Index ETF: +8.31%
• VanEck Vectors Unconventional Oil & Gas ETF: +8.31%
• iShares S&P/TSX Capped Energy Index ETF: +8.31%
• Sprott Junior Gold Miners ETF: +8.29%
• BMO China Equity Index ETF: +7.69%
• Ninepoint Energy Fund: +7.59%
• Simplify Volt Cloud and Cybersecurity Disruption ETF: +7.11%
• iShares U.S. Oil & Gas Exploration & Production ETF: +6.85%
• Invesco S&P 500® Equal Weight Energy ETF: +6.66%
• KraneShares CSI China Internet ETF: +6.59%

Top 10 Cryptocurrency ETFs of the week

• 21Shares Stellar ETP: +16.07%
• Iconic Funds Physical Bitcoin ETP: +16.05%
• 21Shares Bitcoin ETP: +15.72%
• Bitcoin Tracker Euro ETC: +15.62%
• WisdomTree Bitcoin ETP: +15.54%
• Bitcoin ETF: +15.52%
• VanEck Vectors Bitcoin ETN: +15.36%
• Bitcoin Tracker One ETC: +15.30%
• CoinShares Physical Bitcoin: +15.10%
• 21Shares Tezos ETP: +15.09%

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