Weekly ETF Industry Recap: U.S., Europe, and Canada Highlights – June 2-6, 2025

U.S. Weekly ETF Industry News

U.S. ETF Launches

Fidelity Launches Managed Futures ETF for Trend-Based Diversification

The Fidelity Managed Futures ETF (FFUT) seeks capital appreciation through a long-short strategy using futures across equities, bonds, currencies, and commodities.

KraneShares Launches KOID ETF Focused on Humanoid Robotics

KraneShares launched KOID, the first U.S.-listed ETF targeting humanoid robotics and embodied AI. It offers global exposure to firms advancing human-like robots and related tech.

Global X Launches Bitcoin Covered Call ETF (BCCC)

Global X unveils BCCC, an active ETF offering bitcoin exposure plus income via a dynamic covered call strategy, aiming for monthly distributions and downside risk mitigation.

PGIM Launches Max Buffer ETF Tied to SPY with June Outcome Period

The new PMJN ETF aims to track SPY’s gains to a cap while maximizing downside protection over a one-year period ending in June, using an options-based buffer strategy.

VanEck Launches ETF Targeting Private Market Asset Managers

The new VanEck Alternative Asset Manager ETF (GPZ) offers first-of-its-kind exposure to firms earning 75%+ revenue from private equity, credit, real estate, and more.

YieldMax Launches BRK.B Option Income Strategy ETF (BRKC)

The new YieldMax® BRKC ETF (BRKC) targets income using options on Berkshire Hathaway Class B shares. It does not hold BRK.B directly and expects its first payout July 9.

Leverage Shares Launches 2X RTX Leveraged ETF Amid Defense Focus

RTXG offers 2x daily exposure to RTX Corp., launching June 6 with a low 0.75% fee. The ETF targets traders seeking amplified returns in the defense and aerospace sector.

GMO Launches INVG ETF Targeting Systematic Investment Grade Credit

The GMO Systematic Investment Grade Credit ETF (INVG) is an actively managed ETF applying GMO’s factor-driven approach to U.S. investment grade credit. It blends value, quality, momentum, and risk signals for alpha generation.

Wedbush Launches Dan Ives AI Revolution ETF (IVES)

The IVES ETF offers exposure to 30 AI-focused firms selected via Dan Ives’ proprietary research, spanning semis, cloud, cybersecurity, and robotics. It’s designed for balanced, high-conviction AI theme access.

Bastion Launches Actively Managed Energy ETF (BESF)

Bastion Fiduciary launched the Bastion Energy ETF (BESF), targeting long-term capital growth via a concentrated, value-driven strategy focused on U.S. energy companies.

REX Expands Covered Call Suite with COII, MSII, and TSII ETFs

REX launched COII, MSII, and TSII ETFs, offering 1.25x exposure to COIN, MSTR, and TSLA, plus weekly income from covered calls on half the portfolio’s value.

Harbor Capital Launches EPEM and EPIN to Expand Global ETF Lineup

Harbor debuts EPEM and EPIN, targeting undervalued stocks in emerging and developed markets. Both actively managed ETFs hold 40–70 names and integrate ESG and risk-aware strategies.

Calamos Launches CPSU ETF – June Outcome Period Begins with 7.33% Cap

CPSU offers 100% downside protection and a 7.33% gross upside cap for the June 2025–May 2026 term. The ETF tracks SPY using FLEX Options and resets annually.

Defiance Launches 2X Daily Inverse ETF for Palantir (PLTZ)

PLTZ offers -2x daily exposure to Palantir (PLTR), giving traders a leveraged bearish tool without using margin or derivatives. It's the first 2X short ETF tied to PLTR.

U.S. ETF Milestones

ProShares High Income ETFs Top $1B in AUM

ProShares’ high income ETF suite—ISPY, IQQQ, and ITWO—has surpassed $1B in assets. The funds use daily call options to target high yield with greater upside than traditional

U.S. ETF Closures

VanEck to Close RNEW and SMI ETFs in June 2025

VanEck will liquidate the Green Infrastructure ETF (RNEW) and HIP Sustainable Muni ETF (SMI), delisting them on June 18 and distributing proceeds around June 25, 2025.

U.S. Fund Updates

21Shares to Split ARKB 3-for-1 to Boost Accessibility

21Shares will execute a 3-for-1 share split of the ARK 21Shares Bitcoin ETF (ARKB.Z) on June 16 to attract more retail investors. The move won’t impact NAV or ticker.

U.S. ETF Filings

SSGA Files for 2031 Target Maturity Municipal Bond ETF

Part of the MyIncome suite, the SPDR SSGA My2031 Municipal Bond ETF will invest in investment-grade muni bonds maturing near 2031. It offers federally tax-exempt income and will terminate around December 15, 2031.

SSGA Files for 2035 Target Maturity Corporate Bond ETF

Part of the MyIncome suite, the SPDR SSGA My2035 Corporate Bond ETF will hold primarily investment-grade U.S. corporate bonds maturing near 2035. The fund will terminate around December 15, 2035.

iShares Files for Actively Managed Emerging Markets Hard Currency Bond ETF

The iShares Emerging Markets Bond Active ETF will invest at least 80% in bonds from emerging markets, mainly in USD, EUR, and GBP. It may hold high-yield debt, use derivatives, and track the J.P. Morgan EMBI Index.

VanEck Files for Active ETF Focused on Emerging Market Debt

The VanEck Emerging Markets Bond ETF will invest at least 80% in debt tied to emerging markets, including junk bonds and derivatives. It may use cross-hedging and hold developed market debt or currencies.

ProShares Files for Ultra S&P 500 Equal Weight ETF

The ProShares Ultra S&P 500 Equal Weight

aims for daily leveraged exposure to the S&P 500 Equal Weight Index using swaps and futures. It rebalances daily and holds short-term Treasuries and repo agreements.

Retireful Files for Actively Managed Global Multi-Asset ETF

Led by David Nelson, the Nelson Select ETF (NELS) will invest in global equities, bonds, REITs, MLPs, and options. It combines quantitative models with discretionary input and allows high cash flexibility.

Tidal Files for Risk-Based Income ETF with 20–30% Target Yield

The Smart AllocationTM High Income ETF will invest in ETFs across fixed income, equities, commodities, digital assets, and real estate, aiming for a 20–30% annual distribution while controlling volatility.

WisdomTree Files for ETF Tracking Private & Alternative Credit Index

The WisdomTree Private Credit and Alternative Income Digital Fund will track an index of publicly traded CEFs, BDCs, and REITs focused on private and alternative credit. It will also record shares on blockchain for transparency and transferability.

YieldMax Files 12 New Option Income ETFs Targeting Single Stocks

YieldMax filed for ETFs using synthetic covered call strategies on AFRM, APP, ARM, AVGO, CRWD, GME, HIMS, IONQ, LLY, RDDT, SPOT, and UBER, seeking income with capped upside.

Defiance Files for 14 Leveraged Long + Income Single-Stock ETFs

Defiance plans ETFs offering 150–200% daily exposure plus income via credit call spreads on stocks like AAPL, NVDA, TSLA, META, and AMZN. The actively managed funds target amplified returns with defined risk control.

Bitwise Files for Synthetic Covered Call ETF on Circle (CRCL)

The ETF uses options to provide CRCL price exposure while generating income via covered calls. It caps upside gains but retains full downside risk. No direct CRCL ownership.

ProShares Files for 2x Leveraged Ultra CRCL ETF

The fund aims to deliver 2x daily returns of Circle (CRCL) using swaps and derivatives. It offers no direct CRCL ownership and rebalances exposure daily to maintain leverage.

Teramo Advisors Files for Equity Fund with Flexible Cash Allocation

The Equable Shares Hedged Equity ETF will invest at least 80% in large-cap equities but may shift up to 100% into cash or ETFs defensively. It allows flexibility around option expiries and redemptions.

Federated Hermes Files for Dividend Growth ETF with Options Overlay

The Federated Hermes Enhanced Income ETF will invest in high dividend-paying U.S. and global stocks, using call spreads on ETFs to generate extra income. It targets yield, growth, and reduced volatility.

Federated Hermes Files for Market Neutral Long/Short Equity ETF

The Federated Hermes MDT Market Neutral ETF will use a quantitative model to take long positions in high-potential stocks and short positions in weaker ones, aiming for capital appreciation with low market correlation.

VegaShares Files for Financial Sector ETF Focused on ‘Buy Now, Pay Later’ Theme

VegaShares (new issuer) proposed actively managed ETF will target U.S. and ADR financial stocks, including banks, insurers, and REITs, using a high-turnover strategy focused on capital appreciation.

Prospera Funds Files for Active ETF Focused on CEFs and Tactical Trading

The new issuer’s Prospera Income ETF will invest in CEFs, ETFs, equities, and fixed income, seeking income and gains through short-term trades and discount arbitrage. It charges a 2.9% fee and may use options to manage downside risk.

LevMax™ Files for 12 Monthly 3x1 ETFs on Stocks and Bitcoin

LevMax™ plans 3x-upside, 1x-downside ETFs with capped returns and monthly resets. Targets include AMZN, BTC, BRK-B, COIN, HOOD, MSFT, MSTR, NVDA, PLTR, RDDT, SMCI, and TSLA.

Canary Capital Files for First U.S. Spot CRO ETF with Crypto.com as Custodian

Canary Capital has filed an S-1 with the SEC for a spot CRO ETF, offering direct exposure to Cronos’s native token. Crypto.com will act as custodian and liquidity provider.

SMART Wealth Files for Actively Managed U.S. Large-Cap Momentum ETF

The SMART Trend 25 ETF will target 15–35 U.S. large-cap stocks, selected via momentum and fundamental analysis. The strategy aims to outperform the S&P 500 with monthly rebalancing.

SMART Wealth Files for U.S. Growth-Focused Active ETF

The SMART Earnings Growth 30 ETF will target 20–40 U.S. large-cap stocks with above-market earnings growth potential. The actively managed fund will rebalance monthly and focus on high-growth metrics.

The Burney Company Files for U.S. Equity Select ETF with AI-Powered Stock Model

The Burney U.S. Equity Select ETF will use a proprietary model combining traditional factors and AI-driven alternative data to pick U.S.-listed stocks. Monthly rebalancing and factor-based rotation will guide portfolio construction.

GMO Files for Global Climate Transition ETF

The GMO Horizons ETF will invest in global equities tied to climate solutions, aiming for lower carbon exposure than the MSCI ACWI ex-Fossil Fuels Index while managing ESG and regional risks.

GMO Files for Multi-Asset Balanced ETF

The GMO Dynamic Allocation ETF fund will allocate across GMO and third-party funds, targeting equities, bonds, and liquid alternatives based on GMO’s long-term valuation models.

GMO Files for Low-Duration Income ETF with CLO Exposure

The GMO Ultra-Short Income ETF targets income and capital preservation via short-duration, investment-grade debt, including CLOs, Treasuries, repos, and global government-backed bonds.

GMO Files for ETF Focused on U.S. Onshoring Trend

The GMO Domestic Resilience ETF will invest in U.S. companies poised to benefit from deglobalization and onshoring, using both systematic and discretionary stock selection approaches.

Trump Media Files to Launch Truth Social Bitcoin ETF

Trump Media filed an S-1 with the SEC for a spot Bitcoin ETF, aiming to list via NYSE Arca with Crypto.com as custodian. The fund would track Bitcoin’s price performance.

U.S. ETF Ecosystem Updates

Nasdaq Crypto Index Adds ADA, SOL, XLM, and XRP After SEC Filing

Effective June 2, the Nasdaq Crypto US Settlement Price Index (NCIUS) was reconstituted to include ADA, SOL, XLM, and XRP—potentially setting the stage for future spot ETF approvals.

VanEck, 21Shares Urge SEC to Reinstate First-to-File Rule

Executives from VanEck, 21Shares, and Canary Capital urged the SEC to abandon simultaneous ETF approvals, arguing it favors big firms and stifles innovation in the crypto ETP space.

JPMorgan to Accept Spot Bitcoin ETF Shares as Loan Collateral

JPMorgan will let clients use spot Bitcoin ETF shares—starting with BlackRock’s IBIT—as collateral for loans, and factor crypto into net worth and liquidity assessments.

Europe Weekly ETF Industry News

EU ETF Launches

Janus Henderson Launches Short Duration Income ETF (JHES)

JHES offers active exposure to euro-denominated short-term debt across multiple sectors. Listed on Deutsche Börse, it carries a 0.25% TER and targets lower volatility income.

BlackRock Launches UCITS ETF Targeting European Defence Firms

BlackRock’s new iShares ETF tracks the STOXX Europe Targeted Defence index, offering exposure to European military suppliers while screening for controversial weapons and ESG violations.

State Street Launches Low-Cost Europe Defence ETF (DFSV)

SSGA debuts DFSV on Deutsche Boerse, offering Europe defense exposure at a 0.15% fee (0.30% after June 2026), the lowest in the category. Listings on LSE and SIX to follow.

HSBC Launches Five Active Quant Equity ETFs in Europe

HSBC debuts five active ETFs under the PLUS range, offering quant-driven equity exposure across the U.S., world, and emerging markets, with both core and income-focused strategies.

EU Planned ETF Launches

JPMorgan to Bring Laddered Overlay ETFs to Europe

JPMorgan plans to launch its HELO-style laddered overlay ETFs in Europe, offering downside protection via rolling put spreads while capping upside with short calls. Rollout may mirror HELO and HEQQ. (Source: ETF Stream)

EU ETF Closures

Amundi to Close Two ETFs Due to Low Assets

Amundi will shut UINF and COUK ETFs on June 23, citing low asset levels. UINF holds $2.9M and COUK $6M, both below the threshold for efficient operation.

EU ETF Ecosystem Updates

150 ESG ETFs Drop Sustainability Labels Amid ESMA Rule Changes

Ahead of ESMA’s May deadline, 150 ETFs removed or altered ESG terms in their names.

FCA Proposes Lifting Ban on Crypto ETPs for UK Retail Investors

The FCA may allow crypto ETPs for retail investors by September, ending a 2021 ban. Access would be limited to FCA-approved exchanges like the LSE.

Nutmeg and J.P. Morgan AM Launch Income Portfolios with Active ETFs

Nutmeg and J.P. Morgan AM debut five risk-rated income portfolios using active ETFs like the Equity Premium Income range, featuring income smoothing and monthly payouts tailored to investor risk levels.

STOXX and ICE Launch Climate-Focused Fixed Income Indices

STOXX and ICE debut climate-aligned bond indices blending STOXX’s ESG data with ICE’s fixed income pricing, targeting the growing demand for sustainable bond ETFs and benchmarks.

Dukascopy Adds New Thematic ETFs to Trading Platform

Dukascopy expands its ETF offering with funds targeting sectors like industrials, defense, tech, and emerging markets.

ETF People

Amundi Appoints Ross Finlayson to Lead ETF Markets and Strategy

Ross Finlayson joins Amundi as head of markets and product strategy for ETFs, after over a decade at BlackRock, where he led iShares EMEA equity product strategy.

Canada Weekly ETF Industry News

Canada ETF Launches

LongPoint Launches Canada’s First 2X Leveraged Single Stock ETFs

LongPoint lists six TSX-traded ETFs—AAPU, AMZU, ALPU, MSFU, NVDU, TSLU—offering 2X exposure to U.S. mega-caps. Inverse ETFs NVDD and TSLD are expected later in June.

RBC iShares Launches XTOT and XSMB to Expand Core ETF Lineup

New ETFs XTOT/XTOT.U offer full U.S. equity market exposure, while XSMB targets Canadian bonds maturing in 1–10 years. Both aim to provide low-cost, diversified portfolio building blocks.

RBC iShares Launches CAD-Hedged AAA CLO ETF

RBC iShares debuted the RBC AAA CLO (CAD Hedged) ETF (RCLO), offering exposure to a diversified portfolio of AAA-rated CLO debt, primarily from U.S. and European issuers.

Canada ETF Updates

BMO Cuts Fees on Popular Asset Allocation ETFs Including ZEQT and ZBAL

Effective June 6, BMO is reducing management fees from 0.18% to 0.15% on ZEQT, ZBAL, ZCON, and ZGRO series, enhancing value for investors in its asset allocation ETF lineup.

Canada ETF Filings

Hamilton Files for Canada’s First 0DTE Option Income ETFs

Hamilton ETFs plans to launch the DayMAX™ suite, Canada’s first ETFs using 0DTE options. CDAY, SDAY, and QDAY target high income via daily options and 25% leverage.

First Trust Files for Long/Short Equity ETF of ETF

First Trust filed for a new Long/Short Equity ETF (FTLS/F), which will invest in its own FTLS ETF. The total management fee will be 1.10%, combining 0.15% and 0.95% underlying costs.

CI Files for Six ETF Series Covering Income, Equity, and Alternatives

CI Investments filed for ETF series of six active funds, including CGDI, CUIG, CSMD, CEPY, CACO, and CAPY, offering strategies from global dividends to alternative credit and equity yield.

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.