Weekly ETF Industry News Recap | June 15 - June 19, 2026

ETF Weekly Update (June 15 - June 19): New launches, fund moves, and filings shape a dynamic week across U.S., Europe, and Canada.

United States ETF Industry News

ETF Launches - Equities

Nuveen Launches Active ETF Targeting U.S. Infrastructure Growth

Nuveen has introduced the Nuveen U.S. Infrastructure ETF (NUIF), an actively managed fund focused on companies tied to the ownership, development, financing, and operation of U.S. infrastructure assets. The ETF invests at least 80% of assets in infrastructure-related businesses across sectors such as utilities, transportation, communications, healthcare facilities, energy, and construction materials. NUIF uses a fundamental stock-selection approach emphasizing valuation, cash flow strength, management quality, and potential catalysts, while allowing limited exposure to non-U.S. and emerging-market issuers. The fund can also use derivatives for risk management and return enhancement.

PurePlay Launches First ETF Focused on NVIDIA’s Supply Chain

PurePlay ETFs has launched the PurePlay NVIDIA Ecosystem Picks & Shovels Index ETF (NVPS), the first U.S. ETF designed to track companies across NVIDIA’s value chain. Using supply-chain data and a 50% revenue exposure threshold, the fund targets firms involved in raw materials, fabrication, packaging, infrastructure, connectivity, and related activities supporting AI development. The rules-based ETF aims to offer more focused exposure than broad AI funds while avoiding the concentrated risk of leveraged single-stock NVIDIA products. NVPS is the inaugural fund from the newly launched ETF issuer.

Federated Hermes Launches International Equity Leaders ETF

Federated Hermes has introduced the Federated Hermes International Leaders ETF (FHIL), an actively managed fund focused on established, high-quality companies across developed international markets. Managed by the team behind the $1.5 billion International Leaders Fund, the ETF uses fundamental research to identify undervalued foreign stocks and typically holds 60–85 positions in a concentrated portfolio. Designed as a core international equity allocation, FHIL expands Federated Hermes’ active ETF lineup and offers investors access to global industry leaders through a tax-efficient, liquid ETF structure.

Kurv Debuts ETF Linking SpaceX Exposure With Monthly Income

Kurv Investment Management has launched the Kurv SpaceX Enhanced Income ETF (XSHP), an actively managed ETF designed to provide exposure tied to SpaceX while generating potential monthly income through an options-based strategy. The fund aims to let investors participate in the growth prospects of the private space company while harvesting volatility premiums that may accompany a future IPO or heightened market interest. XSHP expands Kurv’s growing lineup of tax-efficient single-stock income ETFs, combining high-conviction thematic exposure with a focus on regular distributions.

Guardian Expands AI-Driven Dividend Funds With New ETFs

Guardian Capital has launched ETF series for its AI-powered dividend growth strategies, including the Guardian i3 Global Dividend Growth Fund (GIGD) and Guardian i3 Canadian Dividend Growth Fund (GICD), both listed on the TSX. The firm also introduced new USD-denominated fund series to meet advisor demand for greater currency flexibility. The i3 strategies use AI-driven analysis of cash flow, dividend growth, income sustainability, and dividend-cut risk, extending broader investor access to mandates that have been managed using AI-enhanced processes for years.

Leverage Shares Expands 2X Leveraged ETF Lineup Across Tech Sector

Leverage Shares by Themes has launched eight new 2X single-stock leveraged ETFs: AXTL (AXT), APHG (Amphenol), TELG (TE Connectivity), FNG (Fabrinet), KEYG (Keysight Technologies), ADIU (Analog Devices), MCHG (Microchip Technology), and TSEG (Tower Semiconductor). Each fund seeks to deliver 200% of the daily performance of its underlying stock and carries a 0.99% management fee. The launch broadens Leverage Shares’ offerings for active traders seeking amplified exposure to semiconductor, communications, testing, and electronics infrastructure companies that support the digital economy.

BlackRock Debuts Bitcoin Income ETF Using Covered Call Strategy

BlackRock has launched the iShares Bitcoin Premium Income ETF (BITA), designed to combine long-term bitcoin exposure with monthly income generation. The fund holds spot bitcoin and shares of the iShares Bitcoin Trust (IBIT), while selling covered call options on roughly 25%–35% of its portfolio to collect option premiums. The strategy seeks to preserve most bitcoin upside potential while providing income, targeting investors who want cryptocurrency exposure but also value cash flow. BITA expands BlackRock’s growing digital asset lineup and premium-income ETF offerings.

VegaShares Launches ETF Targeting SpaceX and Orbital AI Growth

VegaShares has launched the VegaShares SpaceX & Beyond Earth ETF (XSPC), a thematic fund built around newly public SpaceX and companies across the space economy. The ETF targets three long-term trends: space exploration and launch services, satellite connectivity networks, and AI infrastructure moving into orbit. Holdings include firms involved in launch systems, satellite communications, orbital computing, geospatial data, optical communications, and defense-focused AI. Vega positions the fund as a way to capture growth in a space economy projected to reach $1.8 trillion by 2035.

Toews Launches Hedged Equity Income Strategy Using LEAPS

The Toews Agility Shares Hedged Risk ETF (HRSK) combines large-cap U.S. equity exposure with an options-based risk management and income strategy. The fund invests primarily in S&P 500 stocks, index futures, and ETFs, while purchasing long-dated LEAPS put options to help protect against market declines. It also writes and buys shorter-dated call and put options to reduce volatility and generate income. By blending equity exposure with systematic hedging and options income, the strategy aims to participate in market gains while mitigating downside risk and smoothing returns.

Defiance Expands SpaceX Lineup With Bull and Bear 2x ETFs

Defiance ETFs has launched two dedicated leveraged SpaceX funds: the Defiance Daily Target 2X Long SpaceX ETF (SPCU) and the Defiance Daily Target 2X Short SpaceX ETF (SPCQ). SPCU seeks to deliver 200% of SpaceX’s daily stock performance, while SPCQ targets -200%, allowing traders to express both bullish and bearish short-term views on the newly public aerospace and satellite communications leader. The ETFs provide leveraged exposure through an exchange-traded vehicle without requiring margin accounts, further expanding the growing market for SpaceX-focused single-stock ETFs.

GraniteShares Adds Bull and Bear 2x ETFs on SpaceX

GraniteShares has launched the GraniteShares 2x Long SpaceX Daily ETF (SPAL) and GraniteShares 2x Short SpaceX Daily ETF (SNK), giving traders leveraged and inverse exposure to SpaceX as the company enters public markets. SPAL seeks 200% of SpaceX’s daily return, while SNK targets -200% of its daily performance. The funds are designed for short-term tactical trading and expand GraniteShares’ growing lineup of single-stock leveraged ETFs. The launch reflects strong investor interest in SpaceX’s businesses spanning launch services, Starlink, satellite communications, and the broader space economy.

Leverage Shares Launches Low-Cost Leveraged SpaceX Funds

Leverage Shares has launched the Leverage Shares 2X Long SpaceX Daily ETF (SPCH) and Leverage Shares 2X Short SpaceX Daily ETF (SSPC), offering +200% and -200% daily exposure to SpaceX stock. The funds are positioned as lower-cost alternatives in the leveraged ETF market, each carrying a 0.75% management fee—well below industry averages for comparable products. The launch aims to capitalize on strong retail interest following SpaceX’s landmark IPO, with the funds using derivatives such as swaps and options to deliver leveraged returns.

Tradr Launches Leveraged Long and Short SpaceX ETFs

Tradr ETFs has introduced two single-stock leveraged funds tied to newly public SpaceX: the Tradr 2X Long SpaceX Daily ETF (SPCM) and the Tradr 2X Short SpaceX Daily ETF (SPCG). The ETFs seek to deliver +200% and -200% of SpaceX’s daily stock performance, respectively, giving traders tools to express both bullish and bearish views on one of the most anticipated IPOs in recent history. The launch reflects strong market interest in SpaceX while underscoring the high-risk, short-term nature of leveraged ETF strategies.

Direxion Launches 2x Leveraged ETF Following SpaceX IPO

Direxion has introduced the Direxion Daily SpaceX Bull 2X ETF (LOFF), a single-stock ETF targeting 200% of SpaceX’s daily share performance. The fund launched shortly after SpaceX’s record-setting public debut, which the company describes as the largest IPO in history. LOFF expands Direxion’s lineup of leveraged single-stock ETFs and is aimed at active traders seeking amplified exposure to SpaceX. As with other leveraged ETFs, the fund is designed for short-term tactical use and requires close monitoring due to the risks associated with daily leverage and performance compounding.

REX and Tuttle Launch 2x Leveraged ETF for SpaceX Traders

REX Shares and Tuttle Capital Management have introduced the T-REX 2X Long SpaceX Daily Target ETF (SPAX), designed to deliver twice the daily performance of SpaceX stock (SPCX). The launch gives traders leveraged exposure to one of the most anticipated IPOs in recent years, highlighting SpaceX’s leadership in rockets, Starlink, and its growing AI ambitions following the acquisition of xAI. SPAX joins the expanding T-REX single-stock ETF lineup and is aimed at active investors seeking short-term tactical exposure, with significant risks from daily leverage and compounding effects.

ProShares Debuts 2x Leveraged ETF on Newly Public SpaceX

ProShares has launched the ProShares Ultra SpaceX (SPCF), a single-stock ETF designed to deliver 2x the daily return of SpaceX following the company’s highly anticipated public market debut. The fund gives investors leveraged exposure to SpaceX without using margin accounts, expanding ProShares’ lineup of geared ETFs. SpaceX closed its first trading session at $161.11 per share, implying a valuation of roughly $2.1 trillion and reinforcing investor interest in the company’s role in connectivity, AI, and the growing space economy.

Defiance Launches 2x Leveraged ETF on Drone Maker Unusual Machines

Defiance ETFs has launched the Defiance Daily Target 2X Long UMAC ETF (UMAL), a single-stock leveraged ETF designed to deliver 200% of the daily performance of Unusual Machines (UMAC). The fund targets active traders seeking amplified exposure to the commercial drone company without using margin. Unusual Machines sells drones and drone components through business, retail, and e-commerce channels and is positioned to benefit from growing demand for domestically sourced drone hardware. Like other leveraged single-stock ETFs, UMAL is intended for short-term trading and seeks its stated return only on a daily basis.

ETF Launches - Fixed Income

Fidelity Debuts First ETF Share Classes for Bond and Income Funds

Fidelity launches its first ETF share classes, adding ETF versions of its Intermediate Municipal Income (FIMU), Real Estate Income (FREI), and Short-Term Bond (FSTB) mutual fund strategies. The new ETF classes will share the same portfolios, management teams, and performance histories as the existing funds. Fidelity says recent regulatory changes enabled the move, expanding investor choice while allowing eligible mutual fund shareholders to convert to ETF shares on a non-taxable basis. The launch brings Fidelity’s ETF and ETP lineup to 84 products with $172 billion in assets.

JPMorgan Converts State Tax-Free Bond Mutual Funds Into ETFs

J.P. Morgan Asset Management converted two municipal bond mutual funds into ETFs: the JPMorgan New York Tax Free Bond ETF (JTNY) and the JPMorgan California Tax Free Bond ETF (JCAL). Both actively managed funds focus on municipal bonds that provide federal tax-exempt income and state-specific tax benefits for New York and California residents, respectively. The ETFs may invest across a range of municipal securities, including mortgage-backed and asset-backed bonds, while maintaining durations near their state municipal bond benchmarks. The conversions expand JPMorgan’s ETF lineup and provide tax-efficient access to long-standing state-focused municipal bond strategies.

Guggenheim Reenters ETF Market With Two Income-Focused Funds

Guggenheim Investments has launched two actively managed fixed-income ETFs: the Guggenheim Securitized Income ETF (GISC) and the Guggenheim Ultra Short Income ETF (GCSH). GISC focuses on securitized debt markets, including asset-backed securities and CLOs, seeking income and total return through structured credit opportunities. GCSH targets income in the short-duration space through diversified exposure to structured and corporate credit with a higher-quality bias. The launches mark Guggenheim’s return to the ETF market and broaden access to institutional-style fixed-income strategies for advisors and individual investors.

ETF Launches - Commodities

Harbor Launches Active Commodity ETF Focused on Inflation Hedges

Harbor Capital has launched the Harbor Active Commodity ETF (ACOM), an actively managed fund seeking broad commodity exposure through futures, swaps, options and other commodity-linked derivatives. Managed by Quantix Commodities, the strategy emphasizes commodities with strong inflation sensitivity and favorable roll yields while adjusting exposure between scarcity-driven assets and debasement assets such as gold. The fund is generally long-biased, uses U.S. Treasury bills as collateral, and gains part of its commodity exposure through a Cayman Islands subsidiary, offering investors an actively managed approach to inflation protection and commodity diversification.

ETF Updates & Changes

REX Shares Renames Leveraged SpaceX ETF to SPCX-Branded Fund

REX Shares has renamed the T-REX 2X Long SpaceX Daily Target ETF to the T-REX 2X Long SPCX Daily Target ETF, effective immediately. The change affects the fund’s name throughout its prospectus and regulatory filings but does not alter the ETF’s investment objective, strategy, or leveraged exposure. The update appears aimed at aligning the fund’s branding with its underlying SPCX-related exposure while maintaining its existing structure.

REX Shares to Execute 1-for-10 Reverse Splits on BMNR and DJT ETFs

REX Shares will implement 1-for-10 reverse stock splits for the T-REX 2X Long BMNR Daily Target ETF (BMNU) and T-REX 2X Long DJT Daily Target ETF (DJTU). The reverse splits will take effect after market close on July 10, 2026, with split-adjusted trading beginning July 13. Shareholders will receive one new share for every ten shares held, while any fractional shares will be redeemed for cash. The move is intended to raise the funds’ share prices without changing their underlying investment objectives or exposures.

Saba Renames CEFS ETF and Adds Opportunistic Hedging Mandate

Saba Capital has announced that the Saba Closed-End Funds ETF (CEFS) will be renamed the Saba Opportunistic Hedged Closed-End Funds ETF effective around August 16, 2026. Alongside the name change, the fund will expand its investment policy beyond closed-end fund holdings to include opportunistic long and short positions, as well as derivatives designed to hedge market exposure. The revised mandate gives Saba greater flexibility to manage risk and pursue opportunities while maintaining a primary focus on closed-end fund investments.

Defiance Renames Leveraged SpaceX ETFs Following Ticker Branding Shift

Defiance has announced a name change for its recently launched leveraged SpaceX-focused ETFs. Effective June 18, 2026, the Defiance Daily Target 2X Long SpaceX ETF and Defiance Daily Target 2X Short SpaceX ETF will be renamed the Defiance Daily Target 2X Long SPCX ETF and Defiance Daily Target 2X Short SPCX ETF, respectively. The change aligns the funds’ names with the SPCX ticker branding, while the investment objectives and strategies remain unchanged.

PGIM Renames International ETF and Shifts to Focused 15–35 Stock Portfolio

PGIM will rename the PGIM Jennison International Opportunities ETF as the PGIM Jennison Focused International Equity ETF effective August 1, 2026. Alongside a management fee reduction to 0.54% from 0.65%, the fund will adopt a more concentrated strategy, typically holding about 25 non-U.S. stocks and generally between 15 and 35 positions. The actively managed ETF will continue to invest globally, including in emerging markets, but will place greater emphasis on high-conviction international growth opportunities and may have increased country, sector, and issuer concentration risk.

PGIM Cuts Jennison Focused Value ETF Fee by More Than Half

PGIM will reduce the management fee for the PGIM Jennison Focused Value ETF from 0.75% to 0.33%, effective July 1, 2026, lowering the fund’s total annual operating expenses to 0.33%. The board also adopted several new fundamental investment policies, including making the fund’s investment objective a fundamental policy that cannot be changed without shareholder approval. Additional amendments clarify diversification requirements, asset pledging authority, underwriting restrictions, and rules governing real estate, commodities, and derivatives investments.

ETF Liquidations

Columbia to Liquidate Research Enhanced Real Estate ETF

Columbia Management has announced plans to close and liquidate the Columbia Research Enhanced Real Estate ETF. The fund’s last day of trading on NYSE Arca is expected to be July 24, 2026, after which shares will no longer trade in the secondary market. As the portfolio is wound down, the ETF may hold increased cash and stop tracking its investment strategy. Remaining shareholders are expected to receive a liquidating cash distribution on or about July 29, 2026, with the fund terminating thereafter.

Regents Park to Liquidate Hedged Market Strategy ETF

Regents Park Funds and Anfield Capital Management have announced plans to liquidate the Regents Park Hedged Market Strategy ETF (RPHS) after withdrawing a previously proposed reorganization. The ETF’s final trading day on Cboe BZX is scheduled for July 10, 2026, with liquidation expected around July 17, 2026. As the fund winds down, it may depart from its stated investment strategy and objective. Shareholders who continue to hold shares through the liquidation date will receive a cash distribution reflecting their share of the fund’s net assets, subject to applicable taxes and expenses.

Anfield to Liquidate Enhanced Market ETF After Reorganization Plan Ends

Anfield Capital Management has announced the liquidation of the Anfield Enhanced Market ETF (AEMS) following the withdrawal of its previously proposed reorganization. The ETF will stop trading on Cboe BZX after July 10, 2026, with liquidation expected around July 17, 2026. Prior to liquidation, the fund may deviate from its investment strategy and objective as it winds down operations. Shareholders who do not sell their shares before trading ceases will receive a cash liquidating distribution based on the fund’s net assets, with potential tax consequences depending on their circumstances.

PGIM to Liquidate Jennison Better Future ETF in July

PGIM plans to liquidate the PGIM Jennison Better Future ETF, with trading scheduled to halt before market open on July 14, 2026, and liquidation proceeds expected to be distributed on July 17. The fund will stop accepting creation orders after July 13 and may hold increased cash positions as it winds down operations. Shareholders can sell shares on the exchange through July 13 or receive an automatic cash redemption at net asset value upon liquidation. The closure may also result in taxable events for investors.

ETF Filings

MFS Files Short-Duration Municipal Bond ETF for Tax-Exempt Income

The MFS Active Short Muni Bond ETF will invest at least 80% of assets in municipal securities whose interest is exempt from U.S. federal income tax. The actively-managed fund will employ a short-duration strategy, maintaining an average effective duration of no more than three years to help limit interest-rate risk. While focused primarily on investment-grade municipal bonds, the ETF may also hold below-investment-grade debt and concentrate in specific project sectors or states. Security selection will combine bottom-up credit research with broader macroeconomic analysis.

MFS Files Active Short-Duration Bond ETF Focused on Credit Quality

The MFS Active Short Duration Income ETF will primarily invest in investment-grade debt, including U.S. government bonds, corporate debt, securitized assets, and foreign securities. The strategy targets a portfolio duration within one year of the Bloomberg 1–5 Year Government/Credit Bond Index, aiming to balance income generation with reduced interest-rate sensitivity. The actively-managed fund may allocate to high-yield bonds, emerging-market debt, and derivatives, while using a bottom-up research process complemented by top-down macro considerations to identify opportunities across fixed-income markets.

Xtrackers Files ETF Offering 50% Currency-Hedged EAFE Exposure

The Xtrackers MSCI EAFE 50% Hedged Equity ETF will track the MSCI EAFE 50% Hedged to USD Index. The fund provides exposure to large- and mid-cap developed-market stocks across 21 countries outside the U.S. and Canada while hedging approximately half of its foreign currency exposure to the U.S. dollar. Using a primarily full-replication approach, the ETF aims to reduce currency-driven volatility without eliminating diversification benefits from overseas markets. The index currently has significant exposure to Japan, the U.K., financials, and industrials.

River1 Files Active ETF to Capture U.S. Infrastructure Rebuild

The Rebuild America ETF (BUIL) will focus on companies benefiting from the physical rebuilding of U.S. infrastructure. The actively-managed fund will invest at least 80% of assets in infrastructure-related firms spanning energy, utilities, water, communications, transportation, social infrastructure, engineering, and materials. A concentrated portfolio of roughly 15–25 U.S.-listed stocks will be selected using a proprietary process that combines quality and valuation screens, infrastructure demand exposure, and risk/reward analysis. The non-diversified strategy seeks capital appreciation by rotating among segments of the infrastructure value chain as spending trends and bottlenecks evolve.

Fiduciary Management Files Concentrated Global Large-Cap Value ETF

The FMI Global Equity ETF would invest in a concentrated portfolio of large-cap companies across developed and emerging markets. The actively-managed strategy would typically allocate at least 40% of assets to non-U.S. stocks and use fundamental research to identify businesses with durable competitive advantages, recurring revenue, attractive returns on capital, and favorable valuations. The fund's country and sector exposures may differ significantly from global benchmarks, reflecting a high-conviction approach focused on long-term value opportunities.

Goldman Sachs to Convert Two Mutual Funds Into Active Bond ETFs

Goldman Sachs plans to reorganize the Goldman Sachs Bond Fund and Goldman Sachs Income Fund into the newly created Goldman Sachs Core Plus Bond ETF and Goldman Sachs Income ETF, respectively. The conversions, approved by the funds’ board in April, are expected to close around August 7, 2026. Shareholders holding fund shares through ETF-eligible brokerage accounts will automatically receive shares of the corresponding ETFs, while others may receive cash. The reorganizations are intended to be tax-free for U.S. federal income tax purposes and reflect the ongoing industry shift from mutual funds to ETF structures.

Man Group Files for Active ETF Targeting Global Infrastructure Growth

The Man Active Global Infrastructure ETF would invest primarily in infrastructure-related companies, including utilities, pipelines, transportation networks, telecommunications assets, REITs, and infrastructure MLPs. The proposed actively-managed fund would allocate at least 80% of assets to infrastructure equities and at least 30% to non-U.S. issuers across a minimum of five countries, including emerging markets. Managed using a combination of top-down and bottom-up analysis, the strategy would focus mainly on mid- and large-cap companies and could use currency forwards to hedge foreign exchange risk.

Corgi Files 41 Niche ETFs Targeting AI Infrastructure and Supply Chains

Corgi Strategies has filed for 41 thematic ETFs focused on specialized segments of the AI ecosystem, semiconductor value chain, and supporting infrastructure. Proposed funds target areas including AI data centers, power delivery, cooling, networking, photonics, memory, custom AI chips, robotics, autonomous vehicles, rare earths, and semiconductor manufacturing. The lineup also includes highly targeted strategies covering HBM, co-packaged optics, AI training data, neocloud providers, grid infrastructure, and large language models, reflecting growing investor demand for granular exposure to AI-driven technology and infrastructure trends.

Corgi Files MANGOS ETF Focused on Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX

The Corgi MANGOS ETF is centered on six companies it calls the “MANGOS” group: Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. The actively-managed fund will invest at least 80% of assets in these firms through a mix of direct equity holdings, total return swaps, forwards, and, for private companies, special purpose vehicles. Unlike broader AI-themed funds, the strategy is tied specifically to these named companies and may use derivatives to maintain target exposures while complying with diversification rules.

Yorkville Files MANGO and Parabolic 7 AI ETF With Covered-Call Strategy

The Yorkville America MANGO Plus Premium Equity Income ETF will target companies driving artificial intelligence development and infrastructure growth while generating income through a covered-call strategy. The actively-managed fund will invest in a concentrated portfolio of AI leaders in its “MANGO” group—including Meta, NVIDIA, Alphabet, SpaceX, OpenAI, and Anthropic—alongside “Parabolic 7” AI infrastructure companies such as AMD, Broadcom, Micron, and Marvell. It may also use swaps and perpetual futures to gain exposure to private AI firms, seeking current income from option premiums while maintaining exposure to AI-driven growth trends.

Yorkville Targets AI Leaders With MANGO and Parabolic 7 ETF

The Yorkville America MANGO Plus ETF is built around a concentrated “MANGO” portfolio of Meta, NVIDIA, Alphabet, SpaceX, OpenAI, and Anthropic, alongside a “Parabolic 7” group of AI infrastructure beneficiaries such as AMD, Broadcom, Micron, Marvell, Dell, Intel, and SanDisk. The actively-managed fund plans to use derivatives, including perpetual futures and swaps, to gain exposure to private AI companies like OpenAI and Anthropic. With at least 80% of assets tied to its “MANGO Plus” universe, the non-diversified strategy aims to capture growth across AI development, semiconductors, data centers, networking, and computing infrastructure.

Franklin Files Short-Duration Global Bond ETF

The Franklin Short Term Bond ETF is designed to maintain an effective duration of three years or less, aiming to limit interest-rate sensitivity. The actively-managed fund will invest across a diversified mix of fixed income sectors, including investment-grade corporate debt, bank loans, sovereign bonds from developed and emerging markets, and securitized assets such as RMBS and CMBS. Below-investment-grade exposure is capped at 10% of assets, and the strategy may use derivatives for portfolio management, hedging, and market exposure.

Franklin Seeks ETF Focused on Mortgage and Securitized Credit

The Franklin Securitized Income ETF will invest primarily in securitized assets, including agency and non-agency mortgage-backed securities, commercial and residential MBS, CLOs, and other asset-backed securities. The actively-managed fund may hold both investment-grade and high-yield (“junk”) debt and is expected to make significant use of derivatives such as swaps, futures, options, and TBA contracts. The strategy emphasizes mortgage-related credit opportunities while actively managing interest-rate, prepayment, liquidity, and credit risks.

Defiance Files ETF Targeting China’s Memory Chip Industry

The Defiance China Memory & Storage ETF (CRAM) will track the BITA China Memory & Storage Index, providing focused exposure to companies across China’s memory and storage semiconductor value chain. The fund will invest in businesses involved in DRAM, NAND flash, memory modules, storage controllers, packaging, testing, and related equipment and materials. Using a passive indexing approach, the ETF will primarily hold Chinese and Hong Kong-listed semiconductor companies and ADRs, offering investors targeted access to China’s growing domestic memory chip ecosystem.

Simplify Files Global Macro ETF Using Multi-Asset Long/Short Strategy

The Simplify Brookwood Global Macro ETF will invest opportunistically across equities, fixed income, currencies, and commodities through both long and short positions. Managed with Brookwood Investment Group, the actively-managed fund will use macroeconomic analysis—including growth, inflation, interest rates, monetary policy, and political developments—to allocate capital globally. The strategy may employ swaps, managed futures, hedge fund replication, derivatives, and risk-parity approaches, seeking diversified returns across 10–20 investment themes while adapting to changing market conditions.

Columbia to Convert Large-Cap Growth Mutual Fund Into ETF

Columbia has approved a reorganization that will merge Columbia Integrated Large Cap Growth Fund II into the Columbia Large Cap Growth ETF in the fourth quarter of 2026. Shareholders will receive ETF shares of equivalent value, with cash paid in lieu of fractional shares. The move continues the industry trend of converting mutual fund assets into ETF structures. Investors holding fund shares outside brokerage accounts capable of holding ETFs may have their positions liquidated, potentially triggering taxable consequences.

Kurv Files Global ETF Suite Combining Equity Exposure and Tax-Aware Income

Kurv has filed five actively managed ETFs targeting U.S. small caps, international developed markets, Europe, Japan, and emerging markets. Each fund seeks to outperform its benchmark by gaining equity exposure primarily through ETFs and derivatives while investing remaining assets in a tax-optimized portfolio of municipal bonds, other fixed-income securities, and preferreds. The structure is designed to deliver benchmark-like equity participation alongside enhanced after-tax income, extending Kurv’s options-based and tax-efficient investment approach across major global equity markets.

Harbor Expands Autocallable ETF Lineup With Higher-Income ‘Premium’ Strategy

The Harbor Autocallable Income Premium ETF will use autocallable notes tied to SPY, QQQ, and IWM. The strategy targets higher coupon income through increased volatility targets, higher leverage potential, and enhanced autocallable note structures, including memory coupons and a one-star feature that may help preserve principal in certain scenarios. The actively-managed fund seeks to deliver elevated monthly distributions while maintaining conditional downside protection through a diversified autocallable framework.

Harbor Files Higher-Yield Autocallable ETF With Enhanced Income Features

The Harbor Autocallable Income High ETF will use swaps linked to a laddered index of synthetic autocallable notes tied to SPY, QQQ, and IWM. Compared with more traditional autocallable structures, the strategy incorporates higher-risk, higher-income features including lower coupon and maturity barriers, a shorter no-call period, and a “one-star” provision that can preserve principal if the best-performing underlying index meets specified thresholds. The actively-managed fund seeks to deliver elevated monthly income while maintaining conditional downside protection.

Harbor Files ETF Tracking Laddered Autocallable Note Portfolio

The Harbor Arena Autocallable Income ETF will gain exposure through swaps linked to an autocallable index designed to replicate a diversified ladder of synthetic autocallable notes. The actively-managed strategy references volatility-controlled versions of SPY, QQQ, and IWM and seeks to generate coupon-like income while reducing exposure to market declines unless defined downside barriers are breached. The fund is expected to make monthly distributions and provides ETF access to a structured-note strategy typically available through individual autocallable products.

ProShares Files MANGOS ETF Suite Tracking AI and Tech Leaders

ProShares has filed four ETFs tied to the proposed MANGOS Index, an equal-weight basket of Meta, Anthropic, Nvidia, Alphabet (Google), OpenAI, and SpaceX. The lineup includes a long-only MANGOS ETF, a -1x inverse Short MANGOS ETF, a 2x leveraged Ultra MANGOS ETF, and a -2x leveraged UltraShort MANGOS ETF. The filings aim to give investors targeted exposure to a concentrated group of leading AI, technology, and private-market innovators, while also offering leveraged and inverse tools for tactical trading and short-term positioning.

ProShares Files ETF Tracking ‘FAB 10’ AI and Tech Leaders

The ProShares FAB 10 ETF seeks to track the FAB 10 Index, an equally weighted benchmark of 10 leading AI and technology companies. The index includes Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, Tesla, and private-market firms Anthropic, OpenAI, and SpaceX. Rebalanced quarterly, the index is designed to capture the performance of companies driving advances in artificial intelligence, cloud computing, semiconductors, and next-generation technology, offering concentrated exposure to a select group of AI-focused innovators.

Grayscale Files ETF Focused on GPU Compute Futures

The Grayscale Compute ETF is designed to provide exposure to GPU computing capacity through futures contracts tied to AI-related compute resources. The actively-managed ETF would primarily invest in front-month GPU compute futures and roll positions as contracts expire, making performance sensitive to futures market dynamics such as contango and backwardation. The fund may also use swaps and options, with exposure potentially held through a Cayman subsidiary. The filing reflects growing investor interest in AI infrastructure as an investable asset class.

Franklin Files ETF That Reinvests Tech Stock Dividends Into Bitcoin

The Franklin US Innovation Bitcoin DRIP Index ETF will track the VettaFi US Innovation 100 Bitcoin DRIP Index. The index combines 100 large-cap U.S. innovation-focused stocks with a bitcoin allocation that grows as stock dividends are automatically reinvested into bitcoin. The strategy launches with a 5% bitcoin weighting, which can increase between rebalances but is capped at 20%. The fund may gain bitcoin exposure through bitcoin ETPs, futures, options, depositary receipts, and a Cayman Islands subsidiary

Franklin Templeton Files ETF That Reinvests Stock Dividends Into Bitcoin

The Franklin US Equity Bitcoin DRIP Index ETF will combine large-cap U.S. equities with a systematic bitcoin allocation. The fund tracks the VettaFi US Large-Cap 500 Bitcoin DRIP Index that starts with a 95% allocation to U.S. stocks and a 5% allocation to bitcoin, then automatically reinvests stock dividends into bitcoin over time. Bitcoin exposure is capped at 20% and typically reset to 4.5%–5% during rebalances. The fund may gain bitcoin exposure through spot bitcoin ETPs, futures, options, and a Cayman subsidiary, creating a hybrid equity-and-digital-asset strategy within an index-based framework.

BondBloxx Files Core-Plus Bond ETF Spanning Global Credit Markets

The BondBloxx Enhanced Core Plus ETF is designed to track a broad core-plus fixed income index. The strategy will invest across U.S. Treasuries, mortgage- and asset-backed securities, investment-grade and high-yield corporate bonds, emerging market debt, taxable municipals, agency securities, and CLOs. Using a representative sampling approach, the fund aims to closely match index performance while maintaining a weighted average maturity of roughly one to ten years. The non-diversified ETF may also use TBAs, derivatives, and securities lending to support efficient index tracking.

VegaShares Files Balanced Income ETF Targeting 5%–10% Yield

The VegaShares Triple Source Income ETF combines equity, fixed income, and options strategies to pursue capital appreciation and monthly income. The actively-managed fund will invest across dividend-paying U.S. stocks, corporate and high-yield bonds, municipal debt, floating-rate notes, and Treasuries, using direct holdings, ETFs, and derivatives. An options overlay, including covered calls and other premium-generating strategies, is designed to supplement income from dividends and bond interest. The fund targets annual distributions in the 5%–10% range and may employ leverage-like exposure of 100% to 200% of net assets through derivatives.

VegaShares Targets Inverse VIX Exposure With Tail-Risk Hedge

The VegaShares Short Volatility Premium Income ETF seeks daily inverse exposure of roughly -0.1x to -0.8x to a short-term VIX futures index, while using a dedicated options overlay to hedge against volatility spikes. The strategy combines short volatility exposure through VIX-linked futures and options with long call options and call spreads designed to provide protection during extreme market stress. The actively-managed fund also aims to generate income and distribute it monthly. As with other daily reset inverse products, returns over periods longer than one day may differ significantly from the stated exposure target due to compounding and volatility effects.

VegaShares Files Multi-Asset Income ETF Using Options Overlay

The VegaShares Cross Asset Premium Income ETF combines diversified global asset exposure with an options-based income strategy. The actively-managed fund will invest across U.S. and international equities, bonds, and commodities through ETFs, direct holdings, and derivatives, with total long exposure expected to range from 100% to 200% of net assets. To generate monthly income, the strategy will employ options such as covered calls, cash-secured puts, spreads, and collars. The fund may also use swaps and futures for efficient exposure, while holding cash and short-term Treasuries as collateral.

Raub Brock Files Active ETF Focused on Dividend Growth Leaders

The Raub Brock Dividend Growth ETF targets large-cap companies with strong quality metrics and sustainable dividend growth potential. The actively-managed fund will invest at least 80% of assets in dividend-paying equities, screening for firms with at least five consecutive years of dividend increases and market capitalizations above $10 billion. Using quantitative filters and fundamental research, the strategy seeks durable businesses with attractive growth, financial strength, and reasonable valuations. The non-diversified portfolio is expected to hold a concentrated mix of holdings and may include ADRs for foreign market exposure.

DailyDelta by Kelly Intelligence Files Eight Option ETFs Targeting Bullish and Bearish Market Views

Kelly Intelligence has filed eight option-based ETFs, each designed to express a specific directional view while seeking capital appreciation and limiting single-day risk. The lineup includes QUP (Nasdaq-100 call options), QDWN (Nasdaq-100 put options), CALL (S&P 500 call options), PUTS (S&P 500 put options), RUP (Russell 2000 call options), RDWN (Russell 2000 put options), BTCX (Bitcoin call options), and BPUT (Bitcoin put options). The funds will hold exchange-traded options and significant allocations to short-term U.S. Treasuries, giving investors targeted bullish or bearish exposure to major equity benchmarks and spot Bitcoin-linked ETFs through defined options strategies.

Roundhill Files ETF Targeting AI Hardware Supply Chain Leaders

The Roundhill MLCC & PCB ETF (CIRQ) will focus on companies that enable AI and high-performance computing through critical hardware components such as multi-layer ceramic capacitors (MLCCs), advanced semiconductor packaging, printed circuit boards (PCBs), substrates, interposers, and OSAT services. The actively-managed fund will invest at least 80% of assets in companies deriving at least half of their revenue from these technologies and may include U.S., international, and emerging-market firms. Concentrated in the information technology sector, the ETF aims to provide targeted exposure to often-overlooked infrastructure underpinning next-generation AI systems.

ProShares Files Leveraged and Inverse FAB 10 ETFs

ProShares has filed three ETFs tied to the FAB 10 Index, an equally weighted benchmark of leading AI and technology companies including Alphabet, Amazon, Anthropic, Apple, Meta, Microsoft, Nvidia, OpenAI, SpaceX, and Tesla. The lineup includes the ProShares Ultra FAB 10 (2x daily exposure), ProShares Short FAB 10 (-1x daily exposure), and ProShares UltraShort FAB 10 (-2x daily exposure). The funds are designed for investors seeking amplified or inverse daily performance of the FAB 10 Index and will reset exposure each trading day.

ProShares Files 2x Leveraged ETFs on Asian AI Hardware Suppliers

ProShares has filed for eight leveraged single-stock ETFs that would seek to deliver 200% of the daily performance of major Asian technology and semiconductor supply-chain companies. The proposed funds target Victory Giant Technology, Dongshan Precision, Montage Technology, HGTECH, BIWIN, Unimicron, IBIDEN, and Accton—firms involved in printed circuit boards, semiconductor packaging, memory storage, optical communications, and networking equipment. The filings expand ProShares’ lineup of leveraged products tied to companies benefiting from growing AI, data center, and advanced electronics demand.

Leverage Shares Files 2x Inverse ETF on SK Hynix

The Leverage Shares 2X Short SK Hynix Daily ETF is designed to deliver -200% of the daily performance of SK Hynix, one of the world’s largest memory semiconductor manufacturers. The actively-managed fund will primarily use swaps and options, with daily rebalancing to maintain its inverse leveraged exposure. Because returns reset each day, performance over longer periods can differ significantly from -2x the stock’s cumulative return. The filing expands the growing market for single-stock leveraged ETFs tied to major semiconductor and AI-related companies.

REX Shares Files 2x Leveraged ETF Tied to AI-Focused MANGOS Index

The T-REX 2X Long MANGOS Daily Target ETF is designed to deliver 200% of the daily performance of the MANGOS Index, a proprietary benchmark focused on companies tied to artificial intelligence, advanced computing, semiconductors, digital platforms, and related technologies. The fund will primarily use swaps and options to achieve its leverage target and will rebalance daily. The filing reflects continued demand for amplified exposure to AI and technology leaders through thematic leveraged ETF strategies.

REX Shares Targets Private AI and Defense Firms With Inverse ETF Filings

REX Shares has filed a suite of T-REX 2X Inverse Daily Target ETFs designed to deliver -200% of the daily performance of several prominent private companies. The proposed funds target Anduril, Anthropic, Discord, Figure AI, OpenAI, and Quantinuum, extending the leveraged ETF model into private-market and venture-backed names. If approved, the products would offer traders bearish, amplified exposure to some of the most closely watched AI, defense technology, social platform, robotics, and quantum computing companies.

Defiance Seeks 2x Leveraged Exposure to Bitwise Hyperliquid ETF

The Defiance Daily Target 2X Long HYPE ETF is designed to deliver 200% of the daily performance of the Bitwise Hyperliquid ETF (BHYP), which holds the HYPE token and earns additional HYPE through staking. The fund would use swaps, options, a Cayman subsidiary, and reverse repurchase agreements to obtain leverage while maintaining RIC tax status. As with other daily leveraged ETFs, returns over periods longer than one day can diverge significantly from 2x BHYP’s performance due to compounding, volatility, financing costs, and daily rebalancing.

Europe ETF Industry News

ETF Launches - Equities

Defiance Launches Europe’s First Memory Semiconductor ETF

Defiance has launched the Defiance Memory UCITS ETF (DRAM), Europe’s first ETF focused on memory semiconductors and data storage companies. Listed on Xetra and Borsa Italiana with a total expense ratio (TER) of 0.69%, the fund provides exposure to firms involved in the development, manufacturing, commercialization, and storage of memory technologies. The launch comes as AI, cloud computing, and data center expansion drive demand for advanced memory products, with industry forecasts pointing to potential supply shortages and sharply higher DRAM and SSD prices through 2026.

Sparinvest Launches First Danish STOXX Europe 600 Index Fund

Sparinvest has partnered with STOXX to launch the first Danish-domiciled Exchange Traded Mutual Fund tracking the STOXX Europe 600 Index. The fund provides diversified exposure to 600 large-, mid-, and small-cap companies across 17 European countries through a single investment. The launch comes amid rising demand for European equities and passive investment solutions, with assets in ETFs tracking the STOXX Europe 600 increasing 58% in 2025 and reaching €32.5 billion in the first quarter of 2026.

ETF Launches - Fixed Income

Polen Capital Enters Europe’s ETF Market with High Yield Credit Fund

Polen Capital has entered the European ETF market through the launch of the iMGP European High Yield Fund UCITS ETF (PEHY), listed on Euronext Paris with a 0.70% total expense ratio. Managed by Polen Capital Credit, the actively managed fund holds a concentrated portfolio of 70–90 issuers and targets a yield premium of 75–100 basis points above the ICE BofA Euro High Yield Constrained Index. Marketed as a liquid alternative to private credit, PEHY marks iM Global Partner’s first fixed-income ETF and expands its growing active ETF platform.

Muzinich Enters European ETF Market With AAA CLO ETF

Muzinich & Co. has launched the Muzinich AAA CLO UCITS ETF, the firm’s first European ETF, providing actively managed exposure to AAA-rated collateralized loan obligation (CLO) bonds. The strategy targets high-quality floating-rate income with minimal duration risk, aiming to offer yields above money market funds and short-term government bonds while limiting interest-rate sensitivity. Listed initially on Xetra with a 0.25% TER, the ETF leverages Muzinich’s experience in leveraged loans, CLO management, and structured credit as demand grows for short-duration income solutions. The ETF is available in the UK, Austria, Belgium, Germany, France, Italy, Spain, and Singapore.

M&G Expands ETF Range With €200m-Seeded AAA CLO Strategy

M&G Investments has launched the M&G AAA EUR CLO Active UCITS ETF (MNGA), bringing its ETF lineup to five funds since entering the market in 2025. Seeded with €200m, partly from external investors, the actively managed ETF targets income and capital growth above the European AAA CLO market and charges a 0.25% TER. The fund invests at least 80% in AAA-rated CLOs, with up to 20% in AA-or-higher tranches. Its launch adds M&G to a growing European CLO ETF segment, where Janus Henderson currently leads by assets.

Planned Launches

JP Morgan Files Active Euro Money Market ETF Amid Cash Allocation Boom

JP Morgan Asset Management is preparing to enter Europe’s euro money market ETF market with the JPMorgan Liquidity Funds – EUR Money Market Active UCITS ETF, according to regulatory filings in Luxembourg. The move expands the firm’s active ETF lineup beyond its ultra-short income products and positions it in one of Europe’s most competitive ETF segments. The filing comes as investors continue to pour assets into cash-management strategies, with overnight rate ETFs attracting nearly €10 billion of net inflows over the past year amid market volatility and demand for short-term yield.

ETF Ecosystem

Generali Prepares Active ETF Platform Launch Across Europe

Generali Investments plans to launch a new active ETF platform in the second half of 2026, aiming to capitalize on growing demand from retail and younger investors. The platform will initially offer strategies from several of Generali’s asset management affiliates, including emerging market debt, sustainable equities, and multi-asset solutions. Targeting major European markets such as Germany, France, and Italy, Generali is positioning itself as a differentiated entrant in active ETFs, with ambitions to expand beyond traditional benchmark-focused strategies.

Canada ETF Industry News

ETF Launches - Equities

Purpose Launches SpaceX Yield ETF with Income-Focused Strategy

Purpose Investments has launched the Purpose SpaceX Yield Shares ETF (SPXY), which began trading on Cboe Canada on June 15. The ETF provides exposure to SpaceX while seeking enhanced monthly income through a covered call strategy on roughly 50% of the portfolio and approximately 25% leverage. The fund is fully hedged to the Canadian dollar and aims to combine SpaceX’s long-term growth potential with income generation, expanding Purpose’s Yield Shares lineup to 30 ETFs.

Ninepoint Launches SpaceX ETF With Introductory 0% Fee

Ninepoint Partners has launched the Ninepoint SpaceX HighShares ETF (SXHI) on the TSX, giving Canadian investors brokerage-account access to SpaceX exposure. The ETF debuts at $10 per unit with a 0% management fee until September 30, 2026, rising to 0.29% afterward. SXHI uses leverage of up to 33% of NAV and a covered call strategy on up to half of its SpaceX holdings, aiming to combine long-term growth potential with high monthly cash distributions tied to the private space company’s performance.

LongPoint Launches 2x Leveraged AMD, Micron and SpaceX ETFs

LongPoint Asset Management will launch three new Savvy Double Leveraged Single Stock ETFs on the TSX on June 17: the SavvyLong (2X) AMD ETF (AMDU), SavvyLong (2X) Micron ETF (MUU), and SavvyLong (2X) SpaceX ETF (ORBU). Each fund seeks to deliver twice the daily return of its underlying stock, providing amplified exposure to semiconductor and aerospace leaders. The launch expands LongPoint’s suite of leveraged single-stock ETFs and reflects growing investor demand for tactical, high-conviction trading vehicles tied to AI and space exploration themes.

Harvest Launches Leveraged SpaceX Income ETF on TSX

Harvest ETFs has launched the Harvest SpaceX Enhanced High Income Shares ETF (SPXE), which began trading on the Toronto Stock Exchange on June 15. The single-stock ETF provides leveraged exposure to SpaceX while employing an active covered call strategy aimed at generating high monthly income. SPXE seeks to combine long-term capital appreciation from SpaceX’s growth potential with enhanced cash distributions, reflecting growing investor interest in private-market companies through ETF structures.

ETF Updates & Changes

Guardian Waives Performance Fee on Strategic Income Fund

Guardian Capital LP announced it is waiving the performance fee for all series of the Guardian Strategic Income Fund, including the ETF units (GSIF CN). The waiver takes effect immediately and reduces costs for investors in the fund, although the manager retains the right to end the waiver at its discretion in the future. The move may enhance the fund’s attractiveness by improving net returns while maintaining its existing investment strategy and management approach.

BlackRock Revises Risk Ratings and Renames Bond ETF

BlackRock Canada has updated the risk ratings of three iShares ETFs following its annual review. The iShares India Index ETF (XID CN) and iShares 20+ Year U.S. Treasury Bond Index ETF (XTLT CN) were downgraded from medium-to-high risk to medium, while the iShares Global Electric and Autonomous Vehicles Index ETF (XDRV CN) was upgraded from medium to high risk. Separately, the iShares Core Canadian Short-Mid Term Universe Bond Index ETF will be renamed the iShares Core Canadian 1-10 Year Bond Index ETF on or about June 30, 2026.

ETF Filings

Vanguard Plans CAD-Hedged U.S. High-Yield Bond ETF

Vanguard has filed for the Vanguard U.S. High-Yield Corporate Bond Index ETF (VUHY CN), a CAD-hedged fund with a 0.30% management fee. The ETF will provide exposure to a broad portfolio of U.S. below-investment-grade corporate bonds by tracking the Bloomberg U.S. High Yield $250MM 2% Issuer Capped Index (CAD Hedged). The fund will invest directly or indirectly in high-yield bonds and use derivatives to hedge U.S. dollar exposure, offering Canadian investors access to the U.S. junk bond market while reducing currency risk.

TD Expands ETF Lineup With Bond, Dividend, and 2031 Maturity Funds

TD Asset Management has filed four new ETFs spanning fixed income and international equity income strategies. The lineup includes low-cost Canadian corporate and government bond index ETFs (TCB and TGB), an international dividend ETF (TQID) that uses quantitative stock selection outside Canada and the U.S., and a target-maturity bond ETF (TBCK) focused on investment-grade Canadian corporate bonds maturing in 2031. The additions broaden TD’s ETF offering with income-focused and cost-efficient portfolio-building options.

RBC iShares Files International Equity, AI, and Equity + Bitcoin ETFs

RBC iShares has filed three new ETFs: the iShares Core MSCI All-International Equity Index ETF (XINT CN), the iShares A.I. Innovation and Tech ETF (XBAI CN), and the iShares Equity + Bitcoin ETF Portfolio (IBQT CN). XINT will provide broad international equity exposure by tracking the MSCI ACWI ex North America Investable Market Index. XBAI will invest in global companies tied to artificial intelligence and technology innovation. IBQT will combine equity and bitcoin exposure through underlying iShares ETFs, targeting a long-term allocation of approximately 97% equities and 3% bitcoin. The launches broaden iShares’ lineup across core, thematic, and multi-asset strategies.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.