AI, Infrastructure, Defense, Space, and Nuclear are now the top 5 ETF themes of 2026
Source: Hedgeye A16Z
Bitcoin ETFs just had their strongest weekly inflow since October 2025, attracting nearly $2 billion in inflows.
BlackRock’s $IBIT dominated the demand, accounting for nearly 70% of the total. Even Ethereum ETFs attracted almost $700 million during the week. This came after the US Treasury announced larger buybacks of long term bonds. The move initially pushed yields lower and weakened the dollar, increasing demand for assets like Bitcoin and Gold. Source: Bull Theory
The longest duration bond ETF is now down 63% from its peak in March 2020.
How is that possible? The 30-Year Treasury yield has moved from an all-time low of 0.8% in March 2020 up to 5.3% today. Long duration + Rising interest rates from all-time low levels = Pain Source: Charlie Bilello
China's government just pumped 13.8 Billion Yuan ($2 Billion USD) into their largest ETF tracking semiconductor stocks, the fund's largest inflow in history
Bloomberg, Barchart
THIS IS HOW EXCESSIVE LEVERAGE AND SPECULATION END:
The SK Hynix long 2x Leveraged ETF, listed in Hong Kong, is down -64% from its June peak. SK Hynix shares have fallen more than -35% from their June peak. Source: Global Markets Investor
This is how leverage turns a pullback into a wipeout.
The 2x leveraged SK Hynix ETF listed in Hong Kong has plunged 64% from its June peak after SK Hynix shares fell more than 35%, including a record 15% one-day drop on Monday. Many South Korean retail investors rushed into these leveraged ETFs after their launch, expecting to amplify AI-driven gains. Instead, extreme volatility and daily rebalancing accelerated losses, with reports of forced liquidations already emerging. The lesson is simple: leverage doesn't just amplify returns—it magnifies mistakes. In volatile markets, it can destroy capital far faster than most investors expect. Source: Global Markets Investor
Inside $QQQM, Invesco's take on the Nasdaq-100
It holds around 100 of the largest nonfinancial companies listed on the Nasdaq, tilted heavily toward tech and growth names. $NVDA: 7.6% - designs the GPUs powering AI and gaming $AAPL: 7.3% - makes the iPhone, Mac, and a growing services business $GOOG/$GOOGL: 6.5% - runs Google Search, YouTube, and Google Cloud $MU: 4.9% - builds memory and storage chips for computers and data centers $MSFT: 4.7% - sells Windows, Office, and Azure cloud services $AMZN: 4.2% - runs the largest US online store plus AWS cloud $AMD: 3.8% - makes processors and graphics chips for PCs and servers $TSLA: 3.2% - builds electric vehicles and energy storage systems Source: ETF Investments
Leveraged ETFs are no longer a niche product.
US-listed funds now hold around $200 billion in assets, equivalent to roughly $400 billion of market exposure, while trading volumes are running about 50% above last year's record pace. Market structure increasingly matters. Source: TME, JP Morgan
