ETF Industry News Weekly Recap | September 30-October 4, 2024

Each week, we bring you a comprehensive roundup of the latest ETF industry news and updates from Europe and the United States. This includes ETF launches, filings, closures, mergers and acquisitions, regulatory changes, and other key developments within the ecosystem.

Here’s a look at the top stories from Week 40, September 30-October 4, 2024.

Europe ETF News

Catch up on the key ETF news from Europe this week that you might have missed.

American Century Debuts in Europe with Two Active ETFs

American Century launched the Avantis Global Equity UCITS ETF (AVWC) and Avantis Global Small Cap Value UCITS ETF (AVWS) on Deutsche Boerse.

BlackRock Expands iShares UCITS Swap Range with Two New ETFs

BlackRock launched iShares Russell 2000 Swap UCITS ETF and iShares Nasdaq 100 Swap UCITS ETF, providing access to U.S. small caps and tech companies.

Fideuram AM Ireland Launches Six New ETFs Focused on ESG

Fideuram AM Ireland introduced six ETFs, tracking ESG-screened indices covering both equity and bond markets.

BNP Paribas AM Lists Four ESG Equity ETFs on LSE

BNP Paribas launched four ESG-focused equity ETFs on the London Stock Exchange to expand international client access to the UK ETF market.

ARK Invest Europe and eToro Launch 'Smart' ETF Portfolio Focused on Innovation

ARK Invest Europe and eToro introduced the ARK-FutureFirst portfolio, featuring seven ETFs targeting growth in technology, healthcare, and sustainability sectors.

ESMA to Select ETF and Equity Consolidated Tape Provider by End of 2025

ESMA plans to choose a provider for a consolidated tape for shares and ETFs by late 2025, with final technical standards due by December 2024.

BNPP AM Appoints Miriam Breen to Lead ETF & Index Solutions Business Development

BNPP AM appointed Miriam Breen to lead its ETF and Index Solutions business development for the UK and Ireland.

US Industry ETF News

Catch up on the key ETF news from the United States this week that you might have missed.

Tradr ETFs Launches Four Quarterly Reset Leveraged ETFs

Tradr introduced four new leveraged ETFs: SPYQ and QQQP for 2X quarterly exposure to SPY and QQQ, and TLTM and TLTQ for 2X monthly and 1.75X quarterly exposure to TLT.

First Trust Launches New Constructs Core Earnings Leaders ETF (FTCE)

First Trust introduced FTCE, which tracks companies with strong core earnings, such as Nvidia and Meta. It has a 0.60% expense ratio and rebalances quarterly.

Roundhill Launches Roundhill China Dragons ETF (DRAG)

Roundhill Investments launched DRAG, providing equal-weight exposure to nine leading Chinese tech companies, including Tencent and Alibaba.

NEOS Investments Launches Enhanced Income Credit Select ETF (HYBI)

NEOS introduced HYBI, an actively managed ETF investing in high-yield and investment-grade bonds with a focus on capital appreciation and interest income.

Eventide Asset Management Launches Eventide High Dividend ETF (ELCV)

Eventide launched ELCV, targeting companies contributing to human flourishing while offering high dividend yields, with a focus on sectors like energy and real estate.

Mohr Funds Launches Mohr Capital Management ETF (CNAV)

Mohr Funds launched CNAV, an actively managed ETF investing in up to 50 stocks across S&P 500 sectors based on quantitative price analysis.

AllianzIM Launches U.S. Equity Buffer15 Uncapped Oct ETF (OCTU)

AllianzIM introduced OCTU, offering SPY-linked returns with a 15% downside buffer over a defined period.

Innovator ETFs Launches Three Equity Defined Protection ETFs

Innovator launched three ETFs—AOCT, ZOCT, and APOC—offering SPY-linked returns with a 100% downside buffer over different outcome periods.

Direxion Launches Four Single Stock and Inverse ETFs for Netflix and TSM

Direxion introduced NFXL and NFXS for inverse exposure to Netflix, and TSMX and TSMZ for inverse exposure to Taiwan Semiconductor Manufacturing.

Strategic Wealth Partners Launches SWP Growth & Income ETF (SWP)

Strategic Wealth Partners introduced SWP, focusing on income-producing U.S. growth companies with strong profit margins and earnings growth.

First Trust Launches FT Vest Laddered International Moderate Buffer ETF (BUFY)

First Trust launched BUFY, which provides risk management through a buffer strategy linked to the iShares MSCI EAFE ETF.

iShares Launches iShares Large Cap Max Buffer Sep ETF (SMAX)

iShares introduced SMAX, offering capped upside potential and downside protection over a 12-month period linked to the iShares Core S&P 500 ETF.

Dynamic Shares Launches Dynamic Short Short-Term Volatility Futures ETF (WEIX)

Dynamic Shares launched WEIX, a short volatility ETF that adjusts exposure based on changes in the VIX index.

Rex Shares and Tuttle Capital Launch 2X Long NFLX Daily Target ETF (NFLU)

Rex Shares and Tuttle Capital introduced NFLU, providing 200% of Netflix's daily performance.

Innovator Capital Launches Three New 100% Buffer ETFs

Innovator launched three 100% Buffer ETFs, offering full downside protection with capped upside over various time periods.

Cambria and ETF Architect to Launch Tax Aware ETF (TAX)

Cambria and ETF Architect will launch TAX in December, focusing on U.S. value stocks with low dividend yields to offer tax-efficient solutions.

Bitwise to Convert Crypto ETFs to Trendwise Strategy

Bitwise will convert three of its crypto ETFs (BITC, AETH, BTOP) to a "Trendwise" strategy by December 2024, rotating between crypto and U.S. Treasuries based on market momentum.

Syntax Advisors Consolidates Six ETFs into Stratified LargeCap ETF (SSPY)

Syntax Advisors merged six of its Stratified ETFs into the Syntax Stratified LargeCap ETF (SSPY), streamlining its offerings and adding a hedging strategy.

Defiance ETFs Announces 1-for-8 Reverse Split for HDRO

Defiance will implement a reverse split for its Defiance Next Gen H2 ETF (HDRO), effective October 4, 2024.

Fidelity to Convert Two Municipal-Bond Mutual Funds to ETFs

Fidelity will convert its Municipal Bond Index Fund and Municipal Core Plus Bond Fund into ETFs, reflecting the growing trend in municipal bond ETFs.

Akre Capital Files for Actively Managed ETF

Akre Capital's new ETF targets long-term capital growth by investing in U.S. companies of any size, with up to 35% in foreign securities.

Return Stacked Files for Hybrid Bond and Merger Arbitrage ETF

Return Stacked filed for an ETF combining actively managed U.S. Treasuries and passive merger arbitrage strategies, using leverage for dual exposure.

Pacer ETFs Files for Cash Cows Bond Index Tracking ETF

Pacer ETFs filed for an ETF tracking the Pacer US Cash Cows Bond Index, which focuses on corporate bonds from cash flow-strong companies.

Pacer ETFs Files for Future of Warfare Index Tracking ETF

Pacer ETFs filed for an ETF tracking the Solactive Whitney Future of Warfare Index, which focuses on emerging defense technologies in U.S. companies.

Pacer ETFs Files for Private Equity and Venture Capital Index ETF

Pacer ETFs filed for an ETF tracking the FTSE PE/VC Index, which mimics the returns of private equity and venture capital-backed technology firms.

Fidelity Files for Municipal Securities and High-Yield Bond ETF

Fidelity filed for an ETF primarily investing in municipal securities exempt from federal tax, with up to 30% in high-yield bonds.

Fidelity Files for Systematic U.S. Municipal Bond Index ETF

Fidelity filed for an ETF tracking the Fidelity Systematic U.S. Municipal Bond Index, focused on investment-grade municipal bonds.

Fortuna Funds Files for Actively Managed Bitcoin Futures ETF

Fortuna Funds filed for an ETF investing in cash-settled bitcoin futures, using overlay strategies like covered calls.

Obra Fund Management Files for High-Yield Corporate Bond ETF

Obra Fund Management filed for an ETF focused on U.S. high-yield bonds, using a value-driven, bottom-up approach for credit risk management.

Franklin Templeton Files for International Dividend Multiplier ETF

Franklin Templeton filed for an ETF tracking the VettaFi New Frontier International Dividend Select Index, targeting higher dividend yields from developed markets outside the U.S.

Franklin Templeton Files for U.S. Dividend Multiplier ETF

Franklin Templeton filed for an ETF tracking the VettaFi U.S. Dividend Select Index, focusing on high dividend yields from large-cap U.S. stocks.

U.S. Global Files for Defense, Aerospace, and Cybersecurity ETF

U.S. Global filed for an ETF investing in defense, aerospace, and cybersecurity firms, with significant exposure to semiconductors and tech innovations in defense.

Teucrium Files for Fund-of-Funds Focused on Bonds and Preferred Stock

Teucrium filed for an ETF investing in a mix of actively managed and index-tracking ETFs holding investment-grade debt, government bonds, and preferred stock.

Teucrium Files for Fund-of-Funds Emphasizing Income and Stability

Teucrium filed for an ETF focusing on fixed income and equities with downside protection and dynamic rebalancing strategies.

Teucrium Files for Multi-Cap Low-Vol ETF Focused on U.S. Growth Stocks

Teucrium filed for an ETF targeting U.S. growth companies in the S&P 500, using a momentum-based approach that may shift to cash or bonds during high volatility.

Bright Portfolios Files for Large-Cap GARP ETF with Christian Values Focus

Bright Portfolios filed for an ETF targeting large-cap companies using a GARP strategy combined with Christian values filters.

Frontier AM Files for Six New Active ETFs Across Multiple Asset Classes

Frontier AM filed for six active ETFs covering multi-asset, fixed income, U.S. and international equities, and dividend strategies.

Tweedy, Browne Files for Actively Managed ETF Focused on Undervalued Stocks

Tweedy, Browne filed for an ETF targeting undervalued U.S. and global equities, using a quantitative, rules-based strategy.

Eventide AM Files for Values-Based U.S. Equity ETF

Eventide AM filed for an ETF investing 80% in U.S. equities, using a Christian values-based screen, with a focus on long-term capital growth.

North Square Files for Preferred Securities ETF

North Square filed for an ETF investing in preferred securities, aiming to maximize after-tax yield through qualified dividend income (QDI) and qualified REIT dividends.

Touchstone Files for 3 Active ETFs Focused on Global and U.S. Markets

Touchstone filed for three ETFs targeting large-cap international, emerging markets ex-China, and U.S. growth stocks.

Opal Capital Files for Active International Dividend ETF

Opal Capital filed for an ETF investing in dividend-paying companies outside the U.S., focusing on 40-60 high-cash-flow firms.

PGIM Files for New Buffer ETFs and Nasdaq-100 Laddered Fund

PGIM filed for S&P 500 Max Buffer ETFs and Nasdaq-100 Buffer 12 ETFs, offering 12% downside protection and a Laddered Fund that diversifies timing risks.

First Trust Files for Target Outcome ETF Using FLEX Options

First Trust filed for an ETF that offers up to 100% loss protection with a capped upside based on an S&P 500 ETF.

Bitwise Moves Toward XRP ETF with Trust Filing

Bitwise filed for an XRP trust in Delaware, potentially laying the groundwork for an XRP ETF, signaling growing interest amid regulatory scrutiny.

Hashdex Amends Filing for Crypto Index ETF with Bitcoin and Ether

Hashdex updated its filing for a Nasdaq Crypto Index US ETF, initially including Bitcoin and Ether, with potential to add more digital currencies later.

Defiance ETFs’ MSTX Surpasses $400 Million in AUM

Defiance ETFs' MSTX, offering 1.75X leveraged exposure to MicroStrategy, has exceeded $400 million in assets under management (AUM), reflecting strong investor demand.

Orion Launches Capital Group ETF Model Portfolios via Brinker

Orion has introduced Capital Group ETF model portfolios, managed by Brinker Capital, requiring a $5,000 minimum investment. The portfolios feature Capital Group's 21 active ETFs, available on Orion platforms.

Taiwan FSC Approves Access to Foreign Crypto ETFs for Professional Investors

Taiwan's FSC allows professional investors access to foreign crypto ETFs via local institutions, under a re-entrustment model, with strict suitability assessments.