While the country is still struggling with a slowdown, record unemployment and shaky finances, Greece’s economy is showing signs of growth, with the gross domestic product expected to expand 0.5% this year, reports Jenny Cosgrave for CNBC. As a result of the weaker euro currency, a booming tourism industry and stronger exports have helped keep the country afloat. [Greece ETF Tries to Elude Debt Fears]
Options traders are not the only market participants betting on GREK. Through May 28, the ETF had hauled in $48.6 million in new assets this quarter. Year-to-date, GREK has added $218.3 million in new assets, or almost 70% of its current assets under management total.
Global X FTSE Greece 20 ETF
ETF Trends editorial team contributed to this post.