Learn more

The KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:KARS) has just hit a significant milestone, making a Golden Cross that has investors’ attention piqued and driving optimism. The ETF, which tracks the global transition to electric vehicles (EVs) and future mobility, is experiencing a surge, with its price moving above its five, 20 and 50-day exponential moving averages, signaling strong bullish momentum. The ETF is benefitting from its top-tier holdings, which include a mix of the EV sector’s biggest names: BYD Co Ltd (OTCPK: BYDDF), Tesla Inc. (NASDAQ:TSLA) and Geely Autom…

cuu