Roundhill Sports Betting & iGaming ETF (BETZ US) v VanEck Gaming ETF (BJK US) - Market Matters

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25/02/2026

Roundhill Sports Betting & iGaming ETF (BETZ US) v VanEck Gaming ETF (BJK US)

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Portfolio Positioning: BHP and fellow miners keep dragging the ASX towards new all-time highs

The ASX200 closed flat on Tuesday despite less than 40% of the main board advancing. The story at the stock/sector level remained the same, with miners and banks offsetting losses across the broader market. BHP, Westpac and NAB added 24 points to the index. BHP, often referred to as the Big Australian, made new all-time highs on Tuesday, trading above $55 for the first time while it reported strongly this month, its starting to remind us of the feeding frenzy where ETF and momentum buyers drove CBA towards $200 in the first half of 2025:

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