A Sweet ETF for Your Valentine

The video discusses an ETF focused on cocoa, highlighting its market trends and price volatility. Cocoa prices have been volatile, with a recent 10% gain after a two-year slump. The NIB ETF, trading under the ticker NIB, has $60 million in assets but comes with risks such as credit risk and futures roll costs. It receives a red light on Bloomberg's ETF stoplight system.

What commodity is highlighted in the text as driving a significant portion of Valentine's Day gifts?

How did cocoa prices perform in 2018 compared to previous years?

What impact do lower cocoa prices have on chocolate demand?

What is the significance of the NIB's assets mentioned in the text?

What risks are associated with the ETF mentioned in the text?