The prices of agricultural commodities have risen last week, largely due to some bad weather conditions in Europe and Russia. Investors have anticipated smaller harvest for the coming months, especially for wheat. The WisdomTree Wheat ETF increased by +13.28% during last week. This is the biggest performance for either European or American ETFs.
Discover the full list of last week’s 10 best performing ETFs here.
The significant drop in crypto is partly due to the sell-off in the global stock market last Friday as fears around the Delta variant of Covid-19 increase and could delay economic recovery efforts. There is a bearish momentum that last around cryptocurrency market since the emergence of new regulatory restrictions several weeks ago. The global crypto market lost market cap by around $100 billion over last week. The worst performance is for the ETF 21Shares Polkadot ETP recording a drop of -18.37% on the week.
Discover the full list of last week’s worst performing ETFs here.
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