ETF Industry News Weekly Recap | November 18-22, 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 47, November 18-22, 2024.

Europe ETF News

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

Amundi Launches Four ESG Smart Beta ETFs

Amundi introduces four Article 8 ESG smart beta ETFs, providing exposure to momentum, value, minimum volatility, and small-cap factors, all with a 0.25% TER.

DWS Launches Green Real Estate ESG ETF

DWS debuts XDRE, tracking the Dow Jones Developed Green Real Estate Index. The ETF focuses on high GRESB-scored firms and carries a 0.18% TER, listed on Deutsche Börse.

WisdomTree Launches Low-Cost XRP ETP

WisdomTree unveils XRPW, Europe’s lowest-cost XRP ETP at a 0.50% MER, offering secure, physically backed exposure to XRP on major exchanges.

Invesco Tightens ESG Metrics for Clean Energy ETFs

Invesco’s clean energy ETFs (GCLE, HYDE, WNDE) will implement stricter ESG exclusions, aligning with EU fund naming rules and Paris-aligned benchmarks.

FTSE Russell Launches FTSE MIB ESG Risk-Adjusted Index

FTSE Russell debuts the FTSE MIB ESG Risk-Adjusted Index, favoring high-ESG firms while excluding fossil fuels, tobacco, and controversial weapons.

JPMorgan AM Expands European ETF Team by 20%

JPMorgan boosts its European ETF team by 20%, adding roles in distribution, markets, and strategy.

US Industry ETF News

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

Fidelity Launches Enhanced U.S. All-Cap Equity ETF (FEAC)

Fidelity's FEAC targets capital appreciation through U.S. equities across all cap sizes, with a 0.18% expense ratio, leveraging opportunities in a low-rate environment.

Fidelity Launches Enhanced Emerging Markets ETF (FEMR)

FEMR invests in emerging market companies using active management for adaptability, offering growth potential with a 0.38% expense ratio.

Fidelity Introduces Fundamental Developed International ETF (FFDI)

FFDI focuses on long-term growth by investing 80% in developed-market securities, blending fundamental and quantitative strategies.

Fidelity Introduces Fundamental Emerging Markets ETF (FFEM)

FFEM targets long-term growth, investing 80% in emerging market securities, combining fundamental research with quantitative portfolio construction.

Fidelity Launches Fundamental Global ex-US ETF (FFGX)

FFGX aims for long-term capital growth by investing in non-U.S. equities, including emerging markets, with a blend of fundamental and quantitative strategies.

Vanguard Launches Core Tax-Exempt Bond ETF (VCRM)

VCRM is a broad municipal bond ETF with a 0.12% expense ratio, providing high-quality, tax-exempt exposure for core allocations.

Vanguard Launches Short Duration Tax-Exempt Bond ETF (VSDM)

VSDM focuses on short-term, high-quality municipal bonds, offering tax-exempt income with reduced interest rate sensitivity.

Nouriel Roubini Launches Atlas America Fund (USAF)

USAF is an active ETF blending REITs, TIPS, bonds, and gold to hedge against inflation and rising market volatility.

Dimensional Launches Emerging Markets ex-China ETF (DEXC)

DEXC is an active ETF targeting small-cap, value, and profitable firms outside China's emerging markets.

Brown Advisory Launches Flexible Equity ETF (BAFE)

BAFE focuses on domestic equities using a "Flexible Equity" strategy to deliver long-term value across market cycles.

Schwab Launches Mortgage-Backed Securities ETF (SMBS)

SMBS is a passive ETF tracking the Bloomberg US MBS Index, investing in securities backed by Ginnie Mae, Fannie Mae, and Freddie Mac.

Aptus Launches Large-Cap Upside ETF (UPSD)

UPSD is an active ETF aiming for enhanced returns via low-volatility large-cap stocks, offering increased exposure in up markets with managed downside risk.

iShares Launches LifePath Target Date 2070 ETF (ITDJ)

ITDJ offers diversified ETF exposure with adjustments as it nears the 2070 retirement target.

BlackRock Launches International Dividend ETF (BIDD)

BIDD targets high-quality, dividend-growing companies outside the U.S., using fundamental research for active management.

FIRE Funds Launches Wealth Builder ETF (FIRS)

FIRS is an active fund-of-funds ETF allocating equally across Prosperity, Recession, Inflation, and Deflation-focused ETF baskets.

FIRE Funds Launches Income Target ETF (FIRI)

FIRI targets a 4% annual income using a flexible allocation of 30–70% in high-yield assets and cash equivalents.

First Trust Introduces Three Buffer ETFs

FHDG, QMNV, and NOVM offer various levels of SPY and QQQ loss protection, with caps ranging from 4.15% to 15.09% over different time periods.

TCW Launches Multisector Credit Income ETF (MUSE)

MUSE is an active ETF targeting long-term income through high-yield bonds, senior loans, and emerging market credit.

TCW Launches AAA CLO ETF (ACLO)

ACLO focuses on generating income and preserving capital through exposure to institutional AAA-rated CLO markets.

TCW Converts High Yield Bond Fund to ETF (HYBX)

HYBX offers income and above-average total returns through a diversified portfolio of high-yield bonds with balanced risk allocation.

YieldMax Launches Target 12™ Big 50 Option Income ETF (BIGY)

BIGY targets 12% annual income by investing in 50 large-cap U.S. firms, with options strategies and quarterly portfolio rebalancing.

Grayscale Conducts Reverse Share Splits on Bitcoin and Ethereum ETFs

Grayscale completed reverse splits for its Bitcoin Mini Trust ETF (1:5) and Ethereum Mini Trust ETF (1:10), boosting share prices and reducing share counts.

First Trust Files for FT Vest Investment Grade & Target Income ETF

This ETF combines Treasuries and call options on LQD to target a 5% yield above LQD, emphasizing income from options and Treasuries.

ProShares Files for Physical Uranium ETF

This ETF tracks uranium performance through derivatives like swaps and futures, maintaining tax compliance via a Cayman subsidiary.

ProShares Files for Ultra Physical Uranium ETF

This ETF targets 2x daily uranium returns using swaps and futures, leveraging rolling contracts and tax compliance mechanisms.

Grayscale Files for Bitcoin Covered Call ETF

This ETF uses bitcoin ETPs and a synthetic covered call strategy, selling calls for income, with a Cayman subsidiary ensuring tax compliance.

Grayscale Files for Ethereum Covered Call ETF

This ETF invests in Ethereum ETPs with a synthetic covered call strategy, emphasizing income generation and tax efficiency via a Cayman subsidiary.

Janus Henderson Files Transformational Growth ETF

This ETF targets 20–30 large-cap stocks in themes like AI and healthcare innovation, allowing 20% foreign exposure.

SPDR Partners with Bridgewater on All Weather ETF

This ETF employs Bridgewater’s All Weather strategy, balancing assets across growth and inflation factors with 10–12% annualized volatility.

Macquarie Files Focused International Core ETF

This ETF emphasizes quality cyclicals and growth, with up to 35% exposure to emerging markets and currency hedging strategies.

Macquarie Files for Focused SMID Cap Core ETF

The ETF targets small- and mid-cap stocks using valuation, growth, and cash flow metrics. It employs bottom-up research with risk controls and benchmark alignment.

Macquarie Files for Tax Free USA Intermediate ETF

The ETF invests in municipal bonds, focusing on tax-exempt income with a 3–10 year maturity. Up to 20% may be allocated to high-yield bonds for added yield.

Macquarie Files for Tax Free USA ETF

This ETF focuses on municipal bonds with 5–30 year maturities, aiming for tax-exempt income. Up to 20% may go to high-yield bonds, balancing yield and preservation.

Macquarie Files for National High-Yield Municipal Bond ETF

The ETF invests in lower-rated municipal bonds for higher tax-free income with 5–30 year maturities. It adjusts allocations to balance income and capital preservation.

YieldMax Files for Nasdaq 100 0DTE Covered Call Strategy ETF

This ETF uses 0DTE call options on Nasdaq 100 for income, balancing capped upside with short-term Treasuries. It offers weekly distributions.

YieldMax Files for S&P 500 0DTE Covered Call Strategy ETF

The ETF sells 0DTE call options on the S&P 500, balancing weekly income with capped upside. It also invests in Treasuries and money market funds.

YieldMax Files for Russell 2000 0DTE Covered Call Strategy ETF

This ETF employs a synthetic covered call strategy on the Russell 2000, selling 0DTE options daily for income while maintaining index exposure with deep ITM calls.

BNY Mellon Files for Enhanced Dividend Income ETF

The ETF invests in large-cap dividend payers and ELNs, blending quantitative and fundamental analysis. It emphasizes undervalued stocks with strong income potential.

Calamos Files for Bitcoin 80% Protection Strategy ETFs

Four ETFs use options and Treasuries to cap Bitcoin gains and limit losses to 20% over yearly outcome periods, resetting annually with varying caps. Each ETF has a different starting month for the outcome period.

Calamos Files for Bitcoin 100% Protection Strategy (6-Mo) ETFs

The ETFs cap Bitcoin gains while providing full downside protection over six-month periods using Bitcoin-linked options and U.S. Treasuries. Each ETF has a different starting month for the outcome period.

Calamos Files for Four Bitcoin 100% Protection Strategy (1-Yr) ETFs

These ETFs cap Bitcoin-linked gains and offer full downside protection over one-year periods using Treasuries and derivatives, without directly holding Bitcoin. Each ETF has a different starting month for the outcome period.

Calamos Files for Bitcoin 90% Protection Strategy ETFs

The ETFs cap Bitcoin gains and limit losses to 10% over one-year periods using Bitcoin-linked options and Treasuries, without directly holding Bitcoin. Each ETF has a different starting month for the outcome period.

Rareview Capital Files for 2X Bull Cryptocurrency & Precious Metals ETF

This ETF offers 2X exposure to Bitcoin, Ether, gold, and silver via swaps and futures, with a 75/25 split in both asset categories and a focus on tax efficiency.

Clough Capital Partners Files for Short Duration ETF

This ETF targets short-term investment-grade bonds with a duration under one year, allowing up to 20% in high-yield or foreign securities to enhance returns.

Clough Capital Partners Files for Flexible Income ETF

The ETF invests in diverse equities and fixed-income globally, using a flexible strategy driven by macroeconomic trends and bottom-up analysis for income and growth.

Invesco Files for SteelPath MLP & Energy Infrastructure ETF

This ETF focuses on MLPs and energy infrastructure, emphasizing midstream assets. It uses analysis to target stable distributions, with up to 40% in foreign securities.

Innovator Files for 2x Daily Bitcoin Price ETF

The ETF targets 2x Bitcoin’s daily returns using derivatives and collateral investments, with compounding effects impacting longer-term performance.

Innovator Files for 2x Monthly Bitcoin Price ETF

The ETF aims for twice Bitcoin’s monthly price gains using FLEX options, swaps, and collateral like Treasuries. It provides leveraged returns without holding Bitcoin.

Innovator Files for Bitcoin Buffer ETF

This ETF offers capped Bitcoin-linked returns with a 10% downside buffer over three-month periods, using derivatives and collateral without directly holding Bitcoin.

Innovator Files for Uncapped Bitcoin 20 Floor ETF - Quarterly

The ETF offers capped Bitcoin gains and limits losses to 20% per quarter using derivatives and Bitcoin ETPs, requiring full-period holding for defined outcomes.

Vanguard Files for Ultra-Short Treasury ETF

This ETF tracks the Bloomberg Short Treasury Index, investing in U.S. Treasuries with maturities up to 12 months, aiming for an average maturity of 1–12 months.

Vanguard Files for 0-3 Month Treasury Bill ETF

The ETF tracks the Bloomberg 0–3 Month Treasury Bill Index, focusing on U.S. Treasury Bills with maturities under three months and a short average maturity.

Sprott Files for Active Gold & Silver Miners ETF

This ETF invests in gold and silver mining firms, targeting undervalued companies with strong fundamentals. It uses a contrarian strategy with a 3–5 year horizon.

KraneShares Files for 100% KWEB Defined Outcome January 2027 ETF

The ETF tracks KWEB with a two-year outcome, capping gains and buffering 1% of losses. It uses FLEX options and requires full-period holding for benefits.

KraneShares Files for 90% KWEB Defined Outcome January 2027 ETF

This ETF tracks KWEB with a two-year outcome, capping gains and buffering 90% of losses. It uses FLEX options and requires full-period holding for defined results.

ProShares Files for Ultra Mega QQQ ETF

The ETF seeks 2x daily returns of the Nasdaq-100 Mega Cap Index, investing in its equities, swaps, and Treasuries while rebalancing daily to maintain its target exposure.

ProShares Files for Ultrashort Mega QQQ ETF

This ETF targets two times the inverse (-2x) of the daily performance of the Nasdaq-100 Mega Index, using swaps and Treasuries with daily rebalancing to achieve its leverage target.

First Trust Files for Bitcoin Floor 15 ETF

The ETF offers capped Bitcoin-linked gains while limiting losses to 15% over a one-year period, utilizing FLEX Options and Treasuries via a Cayman subsidiary.

First Trust Files for Bitcoin Buffer 15 ETF

This ETF provides a 15% downside buffer and capped Bitcoin-linked gains over a one-year period, using FLEX Options and Treasuries via a Cayman subsidiary.

First Trust Files for Bitcoin Buffer 30 ETF

The ETF offers a 30% downside buffer and capped Bitcoin-linked gains over a one-year period, leveraging FLEX Options and Treasuries via a Cayman subsidiary.

21Shares Files for Solana ETF in the US

21Shares files for a Solana ETF in the U.S., citing strong demand for its European ETP (ASOL). The firm emphasizes the need for regulatory clarity to boost U.S. crypto competitiveness.

Bitwise Files for Solana ETF, Joining Competitive Race

Bitwise becomes the fourth firm to file for a Solana ETF, joining VanEck, 21Shares, and Canary Capital. Solana's SOL token surges amid strong market interest.

Burney Advisor Services Launches Powered by ETFs Model Portfolios

Burney debuts five risk-tiered ETF model portfolios that leverage active ETF strategies across asset classes. Advisors investing $25M+ gain access to free OCIO services.

Fidelity ETFs Surpass $100 Billion in Assets

Fidelity’s U.S. ETF platform crosses $100B in assets, reflecting strong growth in 2024. The firm attributes this milestone to innovative strategies and evolving client-focused offerings.

Defiance ETFs Crosses $3 Billion in AUM

Defiance ETFs reaches $3B in assets under management, driven by strong demand for its innovative leveraged, income, and thematic ETF offerings.