Of course we cannot forget the British pound amid the Scotland independence vote, and FXB (CurrencyShares British Pound, Expense Ratio 0.40%) has seen a huge uptick in trading interest in the past week or so as well as a nice rally to current levels. The fund itself merely has $63 million in assets however.
Today, we see fresh headlines about the South African Rand tumbling to 7 month lows but we unfortunately do not see a way to play the Rand via an ETF/ETN (although there used to be at least two products that shuttered due to lack of interest). Volatility, which is what we have had and continue to have in global currencies, generally brings trading and interest, so perhaps ETF model building in the Currency ETP space will take on a new life given the new global surge of currency volatility.
CurrencyShares British Pound Sterling Trust ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
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