Weekly ETF Industry Recap: U.S., Europe, and Canada Highlights - May 19-23, 2025

U.S. Weekly ETF Industry News

U.S. ETF Launches

Volatility Shares Launches First XRP Futures ETF (XRPI)

Volatility Shares debuts XRPI, the first ETF linked to XRP futures, investing 80%+ in XRP instruments via a Cayman subsidiary. A 2x leveraged XRP ETF is also in the pipeline.

Volatility Shares Launches 2x Leveraged XRP Futures ETF (XRPT)

Volatility Shares introduces XRPT, offering 2x daily exposure to XRP futures. It is designed for tactical traders and enables amplified crypto access without wallets or margin accounts.

ETC Launches CORE16 Best of Breed Premier Index ETF (BOBP)

Exchange Traded Concepts debuts BOBP, tracking 50 large-cap U.S. stocks selected via CORE16’s equity skewness-based algorithm for capital appreciation potential.

Strategy Shares Launches MPLY ETF investing in Monopolistic and Oligopolistic Firms

The Monopoly debuts a new ETF investing in 75–125 U.S. and global firms with "Monopolistic Attributes," such as pricing power, market dominance, and high barriers to entry.

Amplify Launches USNG ETF with Samsung, Targeting Natural Gas Growth

Amplify’s USNG ETF, sub-advised by Samsung Asset Management, invests in 20–25 U.S. natural gas firms. It has a 0.59% expense ratio focused on midstream and GARP strategy.

iShares Launches IDEF ETF Focused on Global Defense and Security

BlackRock’s iShares debuts IDEF, an active ETF targeting defense, cybersecurity, and strategic manufacturing. Managed with macro insights and alternative data, it responds to rising global security spending.

Vanguard Launches Long-Term Tax-Exempt Bond ETF (VTEL)

Vanguard’s new VTEL ETF tracks long-duration AMT-free muni bonds, offering federal tax-exempt income. It carries a low 0.09% expense ratio and targets maturities of 10+ years.

Vanguard Debuts New York Tax-Exempt Bond ETF (MUNY)

MUNY focuses on New York-issued muni bonds exempt from federal income and AMT. Designed for NY residents, the ETF offers broad tax-aware exposure with a 0.09% fee.

U.S. Planned Mutual Fund to ETF Conversions

Franklin Templeton to Convert 10 Putnam Muni Bond Funds Into ETFs

Franklin Templeton will convert $3.5bn across 10 Putnam municipal bond funds into ETFs by early 2026, expanding access to tax-free income strategies for investors.

U.S. ETF Closures

GraniteShares to Liquidate 1x Short AMD Daily ETF (AMDS)

GraniteShares will close its 1x Short AMD ETF (AMDS), with final trading on June 20, 2025, and liquidation occurring on or about June 23. Shareholders will be redeemed at NAV.

WisdomTree to Liquidate Battery Value Chain ETF (WBAT)

WisdomTree will close the WBAT ETF, with final trading on June 20, 2025, and liquidation set for June 30. Remaining shareholders will be redeemed at the fund’s NAV.

U.S. Fund Updates

Options Trading Now Available on Tradr’s 2X Leveraged Tech ETFs

Tradr ETFs announces options trading for its leveraged ETFs QBTX, TEMT, and APPX, offering 2x daily exposure to D-Wave, Tempus AI, and AppLovin. All three funds have quickly attracted strong trading volume and AUM.

Sprott to Add Physical Copper to COPP ETF for Broader Exposure

Starting June 23, Sprott’s COPP ETF will include physical copper alongside copper miners, making it the only ETF offering combined exposure to both the metal and its producers.

U.S. ETF Filings

Franklin Templeton to Convert 10 Putnam Muni Bond Funds Into ETFs

Franklin Templeton will convert $3.5bn across 10 Putnam municipal bond funds into ETFs by early 2026, expanding access to tax-free income strategies for investors.

Themes ETF Seeks 2x Daily Returns on BYDDY via Derivatives

Themes launches an ETF targeting 200% daily exposure to BYDDY using swaps, options, and synthetic forwards. Daily rebalancing and sector concentration heighten risk.

GraniteShares Files for 2x Daily Leveraged Airbnb ETF

The GraniteShares 2x Long ABNB Daily ETF targets 200% daily performance of Airbnb stock via swaps, options, and direct holdings. Daily rebalancing and compounding may impact long-term returns.

Bitwise ETF Uses Synthetic Calls to Tap Bitcoin ETP Income

The Bitwise Bitcoin Option Income Strategy ETF will offer income via synthetic covered calls on Bitcoin ETPs like BITB. It limits upside exposure while targeting yield from selling call options.

Bitwise Files Synthetic Covered Call ETF Tied to BITQ Exposure

The Bitwise BITQ Option Income Strategy ETF will use options on BITQ and its holdings to generate income. The fund caps upside potential while maintaining synthetic crypto-equity exposure.

Bitwise Plans Income-Focused ETF with Ether ETP Exposure

The Bitwise Ethereum Option Income Strategy ETF will use a synthetic covered call strategy on Ether ETPs. The fund aims for income but limits upside by selling call options while not holding ether directly.

Hennessy Advisors Files for Tactical ETF Using Nasdaq-100 and Treasuries

The Hennessy Tactical Growth and Income ETF shifts between Nasdaq-100 and Treasuries using a proprietary model. It adds income via a monthly options spread strategy on Nasdaq-100.

Hennessy Files for Tactical ETF Blending Nasdaq-100 and Treasuries

Hennessy Advisors files for an ETF using a proprietary TUG Model to shift between Nasdaq-100, Treasuries, and cash. The fund may also employ an options spread strategy.

Lazard AM Files for Global Infrastructure Equity ETF

The Lazard Global Infrastructure ETF will invest at least 80% in infrastructure equities, including MLPs, with significant global exposure and hedged currency risk. Focus is on firms with $2B+ market caps.

Lazard AM Files for Small Cap ETF Using Automated Fundamental Strategy

Lazard plans an actively managed small-cap ETF using a systematic, fundamentals-driven approach. It targets 200–500 U.S. stocks, primarily within the Russell 2000 Index.

Warren Capital Files for Active Equity ETF Focused on Growth Fundamentals

The WarCap Unconstrained Equity ETF will be an actively managed ETF holding 30–50 stocks. The fund uses macro trends and deep fundamental analysis to target long-term revenue and earnings growth.

Weitz Investment Management Files for Actively Managed Multisector Bond ETF

The Weitz Multisector Bond ETF will invest at least 80% in debt instruments, including structured products, high-yield bonds, and loans. It may also use derivatives and invest across all maturities and sectors.

Weitz Investment Management Files for Actively Managed Core Plus Bond ETF

The Weitz Core Plus Bond ETF will invest at least 80% in debt securities, including U.S. government bonds, structured products, and up to 25% in high-yield debt, with active use of derivatives.

Franklin Templeton Files for Multisector Income ETF

The Franklin Multisector Income ETF will be an actively managed ETF investing across global fixed income sectors, including high yield, mortgage-backed securities, and emerging markets, with active use of derivatives.

Diamond Hill Capital Management Files for Concentrated Large-Cap Value ETF

The Diamond Hill Large Cap Concentrated ETF will be non-diversified ETF focused on 20–30 undervalued U.S. large-cap stocks, using bottom-up analysis and high-conviction stock selection.

abrdn Files for Ultra Short Municipal Income Active ETF

The abrdn Ultra Short Municipal Income Active ETF will invest 80%+ in investment-grade, tax-exempt muni bonds with a target duration under 2 years. The fund may hold up to 20% in high-yield munis and use TOBs.

John Hancock Files for Actively Managed Senior Loan ETF

The John Hancock Global Loan ETF will invest at least 80% in senior loans, including first- and second-lien floating rate debt. The fund may hold high-yield bonds, CLOs, and use derivatives for risk management.

U.S. ETF Ecosystem Updates

KraneShares Debuts Endowment-Style ETF Model Portfolios

KraneShares launches Strategic Wealth Model Portfolios, blending global ETFs and alternatives with 15–20% liquid alts exposure. The models target diversified, macro-aware investing across risk levels.

SEC Delays Decision on Spot Solana ETFs from 21Shares, Bitwise, and Others
The SEC extended its review of proposed spot Solana ETFs, citing the need for more time to evaluate legal and policy issues. The delay impacts filings from 21Shares, Bitwise, VanEck, and Canary Capital.

Europe Weekly ETF Industry News

EU ETF Launches

Amundi Launches Europe Defense UCITS ETF with Sector Focus

Amundi debuts the Stoxx Europe Defense UCITS ETF, offering targeted exposure to European defense firms. With a 0.35% fee, it's the lowest-cost ETF of its kind, now listed on Euronext Paris.

Global X Launches Europe Focused Defence Tech ETF (EDEF)
Global X debuts EDEF to target firms advancing Europe’s military tech and autonomy. Tracking Mirae Asset’s Europe Defence Tech Index, it joins a growing field amid rising EU defense spending.

Ossiam Launches Ultra-Low Fee Synthetic S&P 500 ETF (0USE)
Ossiam debuts 0USE, a synthetic S&P 500 UCITS ETF with a 0.05% fee, matching the lowest on the market. Listed on Deutsche Boerse, it expands Ossiam’s non-ESG passive lineup.

Invesco Launches Global Enhanced Equity Active ETF (IQGA)
Invesco debuts IQGA, a systematic active ETF aiming to outperform MSCI World by 1% annually with low tracking error. The 0.24% TER fund is now listed in London, Milan, and Frankfurt.

BNP Paribas Launches ESG-Screened MSCI World Equal Weight ETF (WEWEU)
BNP Paribas debuts WEWEU, its first equal-weight ETF, tracking an ESG-screened MSCI World index. Listed on major European exchanges, it carries a 0.20% fee and holds Article 8 SFDR status.

CoinShares Expands XBT Platform with Seven New Crypto ETPs in Sweden
CoinShares launches seven physically backed crypto ETPs, including Solana, XRP, and Cardano, on Nasdaq Stockholm. The SEK-denominated products offer staking rewards and regulated custody.

EU Planned ETF Launches

Columbia Threadneedle to Launch First Active Equity ETFs in Europe
Columbia Threadneedle plans four UCITS active ETFs covering global, U.S., European, and EM equities. The rules-based strategies aim to outperform benchmarks and expand on the firm’s U.S. ETF success.

EU ETF Ecosystem Research

Germany Sees Surge in ETF Inflows as New Reporting Method Takes Root

Germany led Europe in Q1 fund inflows, with ETFs capturing €20.5bn—boosted by a new Clearstream-based reporting method, says BVI. ETF assets now estimated at €600bn despite partial adoption.

Canada Weekly ETF Industry News

Canada ETF Launches

LongPoint Launches Canada’s First Triple-Leveraged ETFs on TSX

LongPoint debuts six triple-leveraged ETFs—three long (QQQU, SPYU, SOXU) and three inverse (QQQD, SPYD, SOXD)—on May 23. These Canadian-dollar ETFs offer 3x or -3x daily index exposure.

CIBC Debuts CCLO ETF Focused on AAA-Rated U.S. CLOs
CIBC launches the CIBC Income Advantage Fund ETF (CCLO), investing in AAA-rated U.S. floating rate CLOs with currency hedging to reduce exposure to non-Canadian dollar fluctuations.

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.