Welcome to Nukoud’s Substack. We are happy for you to be here!
Welcome to Nukoud’s Substack
Welcome to Nukoud’s Substack. We are happy for you to be here! Continue reading on Substack Some posts are for paid subscribers. Unlock full access at nukoud.substack.com.
Get the Nukoud newsletter
ETF news and analysis for the GCC, delivered to your inbox. Free, no spam, unsubscribe anytime.
Related Articles
Tokenization
Bitcoin’s Two-Day Surge: Short Squeeze Meets Returning ETF Demand
Bitcoin surged to $79,000 on August 21 following a $3.8 billion short squeeze over two days and strong spot ETF inflows. U.S. Bitcoin ETFs attracted $517.2 million on August 19, their largest daily inflow since early May.
Markets
ADX Market Wrap for August 21, 2026: AIPOWR Trades Nearly Five Times Normal Volume as ADX Banks Slide on Friday
Two ADX ETFs traded at multiples of normal volume Friday, with AIPOWR leading at 4.8x average volume, while most funds closed lower and banks weakened. USGRWTH recorded the week's largest ETF outflow at AED 606k despite modest daily gains.
Investing & Themes
GCC Sukuk Yields Hold Near 5% as Treasury Rates Rise
U.S. Treasury rate increases are maintaining GCC sukuk yields around 5%, a decade-high level. Rising benchmark rates rather than deteriorating credit quality are driving the elevated yields in the Gulf's Islamic bond market.
Tokenization
Crypto's $1 Trillion Rout Hits Funds Built for Retail Traders
A $1 trillion crypto market decline is forcing ETF issuers to consolidate their offerings, with smaller altcoin products facing closures while Bitcoin and Ether ETFs remain dominant.