2023-11-03 21:07:13
Play Fintech Earnings ETFs With ARKF
Two earnings reports are set to arrive today from fintech firms accessible via the ARK Fintech Innovation ETF (ARKF). Digital assets platform Coinbase Global, Inc. (COIN), and Argentinian e-commerce site MercadoLibre Inc. (MELI), report their earnings Thursday evening, offering investors the opportunity for exposure to the burgeoning landscape of online commerce via the fintech earnings-exposed ETF.
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Eyes on COIN are watching for crypto trading volume, which has fallen so far this year, as a pillar of the firms prospects. That said, analysts are also watching for COINs revenues from subscriptions and services which benefit Coinbase-earnings-preview-164301896.html>from rising treasury yields.
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