FinTech Innovations

Looking at the cutting edge of finance

Financials are up. Bitcoin is up. Trading is up.

And Tech (XLK) is pulling back.

But Fintech ... Fintech looks special. And it could be looking for more.

This week, Fintech names such as Paypal, Robinhood, Affirm, and many others have been mentioned frequently on X and in the trading community.

We looked at SQ and BTCUSD in Friday's Market Update video. (click the symbols for the video segment) The whole world seems to be focused on getting Bitcoin to $100k.

While we continue stalking individual names, it may not be a bad idea to consider the group as a whole.

According to ark-funds.com, as of 11/15/2024, the ARK Fintech Innovations ETF ARKF has names such as COIN, SHOP, SQ, and Bitcoin in its top holdings.

The charts tell the story.