ETF Industry News Weekly Recap | October 21-October 25, 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 43, October 21-25, 2024.

Europe ETF News

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

Janus Henderson Expands into European Active ETFs with Japan Equity Launch

Janus Henderson debuts its first European active ETF, the Tabula Japan High Conviction Equity Ucits (JCPN), amidst growing demand for active ETFs in Europe.

Franklin Templeton Launches Emerging Markets and Ex-China ETFs

Franklin Templeton launched two ETFs: Franklin FTSE Emerging ex-China UCITS ETF (EMGM) and Franklin FTSE Emerging Markets UCITS ETF (EXCN), offering tailored emerging market exposure with TERs of 0.11%.

First Trust Launches First Trust Growth Strength UCITS ETF (FTGS)

First Trust introduced the First Trust Growth Strength UCITS ETF (FTGS) on the London Stock Exchange, targeting quality growth stocks with strong fundamentals, minimal debt, and high ROEs.

BlackRock Launches iShares MSCI USA Leaders UCITS ETF (USLD)

USLD ETF focuses on large and mid-cap US stocks with top ESG ratings, excluding sectors like tobacco and weapons. It trades on major European exchanges with a 0.12% TER.

Fidelity Launches Two Paris-Aligned High Yield Bond ETFs

Fidelity debuts EUR and USD high-yield corporate bond ETFs, aligned with Paris Agreement goals. Both listed on Deutsche Boerse, TERs set at 0.30%.

Bloomberg Launches Global Syndicated Loans Offering and Leveraged Loan Index

Bloomberg introduced a global syndicated loans offering, including real-time data on 74,000 loan tranches and a US Leveraged Loan Index, covering $1.3 trillion in market value.

CBI to Ease Rules on UCITS ETF Naming for Mutual Funds

Ireland's CBI plans updates allowing listed share classes in mutual funds without using 'UCITS ETF' at the sub-fund level, aligning with EU standards.

US Industry ETF News

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

iShares Launches the A.I. Innovation and Tech Active ETF

BlackRock's iShares A.I. Innovation ETF (BAI) focuses on 20-40 global companies across the AI ecosystem, emphasizing infrastructure, models, and AI-driven services.

iShares Launches the Technology Opportunities Active ETF

The iShares Technology Opportunities ETF (TEK) invests in 50-70 global tech firms, covering semiconductors, software, hardware, and emerging technologies.

iShares Launches Nasdaq Top 30 Stocks ETF

QTOP ETF tracks the 30 largest companies in the Nasdaq 100, offering exposure to top performers.

iShares Introduces Nasdaq-100 ex Top 30 ETF

QNXT ETF targets the 31st-100th largest companies in the Nasdaq 100, focusing on mid-tier market leaders by capitalization.

T. Rowe Price Launches its First Thematic ETF

T. Rowe Price launches TTEQ, an actively managed tech ETF, targeting high-growth sectors with a 40-50 stock portfolio, managed by Dominic Rizzo.

Amplify Launches Small-Mid Cap Equity ETF

Amplify ETFs launched SMAP, focusing on high-quality SMID growth and value stocks through active management and proprietary analysis.

Defiance Launches Large Cap Ex-Magnificent Seven ETF

Defiance ETFs' XMAG targets the S&P 500, excluding seven major tech firms, reducing concentration risk in dominant tech stocks.

Tuttle Capital Management Launches European Aerospace and Defense Industry ETF

The EUAD ETF focuses on European aerospace and defense stocks, investing in firms with 50%+ revenue from civil and military defense sectors.

First Trust Launches Four ETFs with Diverse Buffer Strategies

UXOC targets SPY outperformance with 2%+ returns. QCOC caps QQQ gains at 12.5% with a 20% loss buffer. OCTM fully buffers SPY losses, capping gains at 7.05%. DHDG caps SPY gains at 4.54%, buffering losses from -2.5% to -15%.

Amplify ETFs Launches AI Value Chain ETF, AIVC

Amplify ETFs introduced the Amplify Bloomberg AI Value Chain ETF (AIVC), providing equal-weighted global exposure to AI-focused semiconductor, hardware, and cloud companies.

First Trust Adds Two Target Outcome ETFs: Growth and Buffer Strategies

First Trust launched UXOC for accelerated growth on SPY and DHDG for downside buffer protection, expanding its Target Outcome ETFs lineup aimed at tailored risk strategies.

New Issuer Kick ETFs to Launch BRK 2X Long Daily Target ETF

The new ETF seeks 200% of BRK.B's daily returns via swaps, rebalancing daily. It also utilizes options and holds U.S. government securities as collateral.

Nuveen Files for Municipal Income ETF with Tax-Exempt Focus

Nuveen's ETF will invest 80% in tax-exempt municipal bonds, balancing 65% investment-grade and up to 35% high-yield bonds, with a long-term, value-driven strategy.

Nuveen Files for High Yield Municipal Income ETF

Nuveen's actively managed ETF targets high-yield municipal bonds, focusing on tax-exempt, long-term securities. It includes 65% low to medium-quality bonds, with a research-driven strategy.

USCF Files for ETF Targeting 2x Daily Copper Futures Performance

The actively managed ETF seeks 2x daily copper futures returns via cash-settled contracts. It uses collateral investments and adjusts holdings for tax compliance at quarter-end.

Defiance ETFs Surpasses $2B in AUM

Defiance ETFs exceeds $2B AUM after a year of successful launches featuring innovative ETF products.

SEC 2025 Focus: Spot Crypto ETFs and Blockchain Risks

The SEC's 2025 priorities include spot Bitcoin and Ethereum ETFs, scrutinizing blockchain risks, crypto services, and technological security amid rising digital asset integration.