What's New for ETF Investors?

The video discusses the shift from futures and swaps to ETF's due to regulatory changes affecting investment banks. ETF's are gaining popularity for their liquidity and cost-effectiveness, attracting institutional investors. Kevin O'Leary highlights smart beta as a method of using active management strategies in a rule-based index, reducing human error. The video also explores the debate between active and passive management, noting that high-cost active management is struggling, while low-cost active strategies still attract investments.

What is the significance of smart beta as explained by Kevin O'Leary?

What challenges does high-cost active management face according to the discussion?