BETZ Roundhill Sports Betting & iGaming ETF

I’ve read about how sector/subgroup-specific capital flows are the biggest driver of SP over the short term. To get a measure of recent capital flows into or out of the online gambling stock subgroup, I look to the one-year chart of the $BETZ ETF, which shows its down 29%+, indicating capital has been flowing out of the subgroup over the past year. If it’s true that capital flows are the biggest driver of SP over the short term, then that would explain why $SGHC stock has performed poorly over the last year. I tend to believe that capital flows are a big driver of short term SP. I don’t let that bother me unless I’m trading or legit invested in a stock that’s part of a sector/subgroup that is experiencing strong capital inflows but for some reason my stock isn’t participating. I consider such a scenario worth investigating. Otherwise, I prefer to focus on the fact that over the long haul, correlation between the direction of earnings and SP is undefeated.

$BETZ sports betting ETF not too far off its all-time lows. Good proxy for some of these cheap/beaten down gambling stocks like $DKNG

ETF to keep on watch: $BETZ Roundhill Sportbetting ETF - Recently golden crossed on the daily chart and still generally beaten down from the peaks it has seen (hit the $31S in 2021 and more recently hit the $24S in August 2025) - Has formed a beautiful symmetrical triangle and looks like it could take another stab at breaking out, especially with the NFL season back and projected record numbers for sports-betting this season 📈