Best ETFs of the week: Coffee and Ethereum ETFs

Ethereum rebounds on Musk tweets, frosts in Brazil push coffee price to seven year high

Last week was great for most of markets and indices, with many indices ending the week in the green territory.

Seven Crypto ETFs are present in this European top, with the 21Shares Ethereum ETP being the best performer among them, generating +8.37%. In Americas, only two Crypto ETFs are in the top 10, both tracking the Ethereum Crypto. This cryptocurrency has been quite volatile for several weeks, appearing alternatingly in the top and the worst rankings week after week.

A strong rebound hit some cryptos at the end of last week, following Elon Musk tweets that sent prices soaring. The CEO revealed that the only major personal investments he had outside of Tesla and SpaceX were in Ethereum, Bitcoin and Dogecoin.

Amazon also posted the following job opening on its website: "Digital currency and blockchain product lead", suggesting that the company could accept digital currencies as a means of payment in the future.

In our weekly European top we also find three Commodity ETCs (Exchange-Traded Commodities), with the WisdomTree Coffee ETC being the best performer of this top with a +17.45% return last week. This significant increase in the coffee price is essentially due to unusual cold weather threatens coffee crops in Brazil, the largest producer in the world.

Coffee trees are very sensitive to frost which can cause severe damage and even kill trees. If a farm must replant some trees, the production may take around three more years to harvest again. According to Brazilian government, last week frosts has impacted about 11% of the country total arabica coffee crop.

In Americas, the best performer is the Simplify Volt Pop Culture Disruption ETF accumulating a weekly return of +11.01%. This ETF seeks to expose investors to media platform leaders across streaming, social and internet of things.

Top 10 ETFs of the Week: Coffee ETFs and Ethereum ETFs

Europe

• WisdomTree Coffee: +17,45%
• WisdomTree Natural Gas: +10,79%
• WisdomTree Ethereum ETP: +8,92%
• 21Shares Ethereum ETP: +8,37%
• CoinShares Physical Ethereum: +8,19%
• WisdomTree Softs: +8,19%
• 21Shares Stellar ETP: +7,59%
• ETHetc - ETC Group Physical Ethereum: +7,56%
• Ether Tracker One ETC: +7,54%
• Ether Tracker Euro ETC : +7,49%

Americas

• Simplify Volt Pop Culture Disruption ETF : +11,01%
• United States Natural Gas Fund: +10,52%
• Breakwave Dry Bulk Shipping ETF: +9,03%
• Horizons NYMEX Natural Gas ETF: +8,96%
• Evolve Ether ETF: +8,93%
• INNOVATOR IBD 50 ETF: +8,61%
• Simplify Volt Cloud and Cybersecurity Disruption ETF: +8,60%
• Evolve Ether ETF: +8,58%
• VanEck Vectors Rare Earth/Strategic Metals ETF: +7,16%
• Franklin Exponential Data ETF: +6,85%

Keep reading the Worst ETFs of the Week here.

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