Have gambling platforms brought growth to those who participate in them?
Active ETFs - including gambling assets- had positive annual inflows from 2019 through 2023 and are on pace for positive inflows in 2024, according to #Morningstar . Meanwhile, active mutual funds lost money in all but one year (2021); they shed $344 billion in the first 10 months of 2024.
Still no big renevues in actively managed mutual funds.
This is a period when elections, executive orders, geopolitical risks provided ample volatility.
#Blast for example is a huge platform, but is very low.
