Invesco Global Clean Energy ETF Price & Performance (PBD)

The Grayscale Ethereum Trust ETF (ETHE) has revised its index composition, adding Bullish as a trading platform while removing LMAX Digital due to liquidity issues. This adjustment impacts the calculation of the CoinDesk Ether Price Index, which influences the ETF’s share value. ETHE has faced significant market volatility this year.1

The Invesco Global Clean Energy ETF (PBD) experienced a 1.48% drop on March 24, continuing a three-day decline. With sell signals from short and long-term moving averages, the ETF is expected to remain under pressure. Analysts predict further price drops within the next three months, reflecting ongoing challenges in the clean energy sector.2

Anti-ESG legislation is surging in the U.S., with over 150 bills introduced across 37 states. Major banks have rolled back green commitments, and renewable energy stocks are underperforming. This trend contrasts with the EU’s leadership in sustainability, potentially disadvantaging U.S. companies in global markets.3