ETF Industry News Weekly Recap | September 2-6, 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 36, September 2-6, 2024.

Europe ETF News

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

BNP Paribas Expands ESG ETF Suite with US and Japan Equity Strategies
BNP Paribas launched ESG-focused ETFs for U.S. and Japan equities on Euronext Paris, with a low 0.20% TER.

Global X Launches European Infrastructure Development ETF on LSE
Global X introduced a European Infrastructure Development ETF focusing on companies modernizing European infrastructure, with a 0.47% TER.

EFAMA Pushes for Stakeholder-Driven Board for EU Consolidated Tape
EFAMA urged ESMA to create a voting board for the upcoming EU-wide consolidated tapes to avoid conflicts of interest and ensure fair fees.

Goldman Sachs AM Appoints Simon Hutcheson for International ETF Strategy
Goldman Sachs Asset Management appointed Simon Hutcheson as head of international ETF strategy, bringing his experience from SSGA.

Tabula Investment Management Appoints Rhys Petheram as CIO
Tabula named Rhys Petheram as its new CIO, bringing over 20 years of fixed income expertise from Jupiter Asset Management.

DWS Hires Tom Eckett as Assistant VP for ETF Sales in London
DWS appointed Tom Eckett as assistant vice president for ETF sales, focusing on expanding coverage among London-based wealth managers.

US Industry ETF News

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

Harbor Capital Launches AlphaEdge Large Cap Value and Next Generation REITs ETFs
Harbor Capital introduced VLLU and AREA ETFs, targeting U.S. stocks with attractive valuations and non-traditional REITs like data centers for potential strong returns.

State Street Expands SPDR Lineup with Three New ETFs: SPIN, XCNY, and CERY
State Street launched SPIN for U.S. income generation, XCNY for emerging markets excluding China, and CERY for commodity diversification and inflation hedging.

Roundhill Launches Ether Covered Call Strategy ETF
Roundhill Investments introduced the YETH ETF, offering ether exposure with a covered call strategy for potential monthly income, following their earlier YBTC launch.

Calamos Launches Two Structured Protection ETFs with 100% Downside Protection
Calamos unveiled CPST and CPNS ETFs, providing 100% downside protection with capped upside linked to the S&P 500 and Nasdaq-100.

Innovator Further Expands Its Suite of 100% Downside Protection ETFs
Innovator ETFs launched ZSEP, KSEP, and NSEP ETFs, offering 100% downside protection or 15% buffers, expanding its Defined Outcome lineup.

Tradr ETFs Launches Eight Leveraged ETFs with Weekly, Monthly Resets
Tradr introduced eight leveraged ETFs targeting popular stocks like SPY, QQQ, SOXX, NVDA, and TSLA, offering weekly or monthly resets for advanced trading options.

VanEck to Close and Liquidate Ethereum Futures ETF (EFUT)
VanEck plans to liquidate its Ethereum Strategy ETF (EFUT) by September 23, 2024, due to low investor interest and performance.

iShares Bond ETFs Hit $1 Trillion, Poised for Further Growth
iShares’ fixed income ETFs reached $1 trillion in assets, driven by investor interest post-Fed rate hikes, with expectations for further growth as rates ease.

DoubleLine Files for Multi-Sector Income ETF with Flexible Fixed-Income Strategy
DoubleLine's new ETF will actively allocate across corporate debt, CLOs, and high-yield bonds for capital appreciation and income.

Rex Shares Files for Crypto Equity Premium Income ETF
Rex Shares plans to launch an ETF investing in companies from the BITA Crypto Index, using covered call options to generate income.

MRBL Management Files for Enhanced Equity ETF with Options Strategies
MRBL Management filed for an actively managed large-cap U.S. equity ETF, offering up to 125% exposure and options strategies for income enhancement.