Weekly ETF Industry Recap: U.S., Europe, and Canada Highlights - May 26-30, 2025

U.S. Weekly ETF Industry News

U.S. ETF Launches

REX Launches NVDA Growth & Income ETF with Weekly Covered Calls (NVII)

REX launches NVII, a covered call ETF targeting 1.05x–1.50x exposure to NVIDIA and generating weekly income by selling calls on half the portfolio, combining growth with consistent yield.

Defiance Launches 2X Leveraged ETF for Carvana (CVNX)

Defiance introduces CVNX, a 2X leveraged ETF offering amplified daily exposure to Carvana (CVNA), targeting 200% of the stock's daily move for traders seeking high-octane upside.

Accuvest Launches Alpha Brands Consumption Leaders ETF (LOGO)

Accuvest’s new active ETF, LOGO, targets top brands in consumption-driven sectors, aiming to benefit from household spending and business innovation trends.

Simplify Launches Energy & Infrastructure Credit ETF (KNRG)

Simplify debuts KNRG, an active ETF targeting high-yield credit in energy and infrastructure firms. Managed by Kayne Anderson, the fund offers monthly income and lower default risk.

First Trust Launches Multi-Asset Income ETF (FTBI)

First Trust debuts FTBI, a fund-of-funds ETF tracking a Bloomberg index with a 60/35/5 equity, fixed income, and commodity split. It targets income via option-based and bond strategies.

Russell Investments Launches Global Equity Active ETF (RGLO)

RGLO is an actively managed ETF seeking long-term capital growth by investing in equities across both U.S. and international markets.

Russell Investments Launches Emerging Markets Equity ETF (REMG)

REMG is an actively managed ETF targeting long-term growth by investing in stocks from emerging market countries.

U.S. ETF Closures

Innovator to Close Four Defined Outcome ETFs in July 2025

Innovator will liquidate XDJL, HJUL, JULD, and JULQ ETFs in July as their outcome periods end. Trading halts July 1; liquidation set for July 7, with cash redemptions at NAV.

U.S. Fund Updates

ProShares Announces Splits for Seven ETFs Including UGL and ETHT

UGL will undergo a 4:1 forward split on June 13. Reverse splits include 1:5 for ETHT and SBIT, and 1:2 for SIJ, SMDD, SCC (June 12) and GLL (June 13); all adjust share count, not value.

U.S. ETF Filings

Amplify Files for Covered Call ETF Focused on Silver Miners

Amplify aims to launch a fund targeting junior silver miners with added exposure to silver prices and income from covered calls. The fund seeks an 18% annualized option premium.

ProShares Files for Suite of Leveraged and Inverse ETFs on Top Nasdaq-100

ProShares plans ETFs offering 2x, -1x, and -2x daily exposure to the top 30 Nasdaq-100 firms (NDX30), using swaps and derivatives to amplify or inverse index performance.

Janus Henderson Files for Actively Managed Global AI ETF

The Janus Henderson Global Artificial Intelligence ETF will target 40–60 global companies enabling, enhancing, or using AI. The fund will be actively managed and concentrated in the tech sector.

Simplify Files for Actively Managed Private Credit ETF Using VettaFi Index

The Simplify VettaFi Private Credit Strategy ETF will track the VettaFi Private Credit Index, with added credit hedge derivatives to manage risk and enhance performance flexibility.

Franklin Templeton Files for Series of State-Specific Tax-Exempt Bond Funds

Franklin Templeton files for actively managed municipal bond funds targeting tax-exempt income at both federal and state levels in CA, NY, PA, MA, OH, NJ, and MN. The funds invest in investment-grade bonds with maturities of 3+ years.

Franklin Templeton Files for National Tax-Exempt Bond Fund
Franklin Templeton plans a fund focused on investment-grade municipal bonds with 3+ year maturities, aiming to provide income exempt from federal income tax and not subject to federal AMT.

Franklin Templeton Files for National Tax-Exempt Bond Fund with High-Yield Exposure
Franklin Templeton plans a fund investing in a mix of investment-grade and high-yield municipal bonds with 3+ year maturities, aiming to generate income exempt from federal income tax.

Vanguard Files for Emerging Markets ex-China ETF

The Vanguard Emerging Markets Ex-China ETF will track the FTSE Emerging ex-China Index, investing at least 80% of assets in large- and mid-cap emerging market stocks, excluding China.

Golden Eagle Strategies Files for Hypergrowth Equity ETF

The Golden Eagle Dynamic Hypergrowth ETF will focus on U.S.-listed companies growing sales 40%+ year-over-year, using a proprietary model to target 60–80 high-growth stocks.

SSGA Files for Actively Managed Bond ETF with Apollo-Sourced Private Credit

SSGA plans an ETF investing at least 80% in investment-grade debt, including 10–35% in private credit sourced by Apollo. The fund uses active management, derivatives, and aims for a 1–3 year duration.

F/m Investments Files for Suite of Compoundr Bond ETFs
F/m Investments files for six passively managed ETFs tracking Nasdaq Compoundr indexes. Each targets a different bond segment—high yield, total return, AAA CLOs, 10-year Treasuries, investment grade, and U.S. aggregate—using ETFs and rotating holdings around ex-dividend dates to avoid reinvested income.

VistaShares Files for Seven Hedge Fund-Themed ETFs, Including Income Variants

VistaShares files for seven ETFs tracking top holdings from Pershing Square, Scion Asset Management, Duquesne, and Berkshire. Three funds—linked to Pershing Square, Scion, and Duquesne—also offer “Target 15” income versions, which use options strategies to pursue a 15% annual income target.

Fusion Quant Files for Dual-Strategy Treasury & Growth ETF

Fusion Quant Technologies files for an actively managed ETF allocating ~90% to 0–5 year U.S. Treasury zero-coupon bonds for capital preservation, and ~10% to growth stocks and gold ETFs for upside potential.

Grayscale Files for Quantum Computing ETF Tracking Kensho Index

The Grayscale Quantum Computing ETF will track the S&P Kensho Global Quantum Computing Index, focused on firms developing quantum hardware, software, and related subcomponents.

Dana Investment Advisors Files for Disruptive Innovation ETF

Dana files for an actively managed ETF focused on U.S.-listed companies poised to benefit from disruptive tech, using a high-conviction approach with 15–30 holdings and valuation discipline.

Dana Investment Advisors Files for Dividend-Focused Active Equity ETF

Dana files for an actively managed ETF holding 25–35 dividend-paying stocks, aiming for long-term growth and income. The fund targets large caps with strong fundamentals and attractive yields.

Dana Investment Advisors Files for Low-Volatility Income Bond ETF

Dana's new actively managed ETF targets capital preservation and monthly income via high-quality bonds, focusing on U.S. government and AA-rated corporates with 0.6–2.5 year duration.

KraneShares Files for Shariah-Compliant Income ETF Using Options

KraneShares plans an ETF tracking the Wahed Shariah Alternative Income Index, using U.S. Shariah-compliant stocks and FLEX options to create synthetic shorts and generate halal income.

U.S. ETF Ecosystem Updates

SEC Delays Decision on Grayscale’s AVAX and ADA ETF Proposals

The SEC postponed rulings on Grayscale’s Avalanche and Cardano ETFs, citing the need for more review. Final decisions are expected later in 2025 amid continued altcoin ETF caution.

Europe Weekly ETF Industry News

EU ETF Launches

VanEck Launches Europe’s First Quantum Computing ETF (QNTM)

VanEck’s QNTM ETF targets 30 firms leading in quantum tech, including IONQ and IBM. Listed on Deutsche Börse, it has a 0.55% TER and emphasizes pure play exposure.

JPMAM Expands Fixed Income Lineup with Global Bond ETF (JIGG)

JIGG offers active exposure to global IG corporate bonds using ESG screens and multi-factor analysis. Listed across major EU exchanges with a 0.25% TER.

BNP Paribas Launches Europe Defence ETF (EDEF) on Euronext Paris

The new ETF tracks 30 key European defence firms via Bloomberg’s BSHIELD index. It offers 0.18% fees, PEA eligibility, and broader EU listings are planned

EU Planned ETF Launches

Nordea Set to Launch BetaPlus Equity ETFs Using Quant-Fundamental Method

Nordea plans three active equity ETFs—European Select, Global Developed Sustainable, and Global Sustainable—using its BetaPlus strategy, which combines risk premia, factor models, and a fundamental overlay.

Canada Weekly ETF Industry News

Canada ETF Launches

BMO Launches Covered Call Spread Gold Bullion ETF (ZWGD)

BMO's new ZWGD ETF offers physical gold exposure with downside risk mitigation via a covered call spread strategy. Now trading on the TSX, it expands BMO’s precious metals lineup.

BMO Launches Five New ETFs Reflecting Brian Belski’s Market Strategy

BMO introduces five active ETFs (ZBCB, ZBEC, ZBVU, ZBDU/ZBDU.F, ZBEU/ZBEU.F) shaped by Chief Strategist Brian Belski’s market views. Strategies target Canadian and U.S. equities, dividend growth, value, and balanced portfolios, with hedged options for U.S. exposure.

Manulife Launches Four New Active ETF Series on TSX

Manulife has launched ETF series for four mutual funds: MCOR (Core Plus Bond), MFUN (Fundamental Equity), MCAN (Canadian Equity), and MDIF (Dividend Income). These actively managed ETFs provide access to diversified strategies across fixed income and global equities.

LongPoint Lists Five New Mega ETFs with Leveraged Sector Exposure

New TSX-listed tickers TLTU, TLTD (U.S. Treasuries), BNKU (Canadian banks), CGMU, CGMD (gold miners) offer 3X long and inverse exposure, all traded in Canadian dollars.

Canada ETF Filings

LongPoint Files for 2X Leveraged COIN and MSTR ETFs in Canada

LongPoint plans COIU CN and MSTU CN to deliver 2X daily returns of Coinbase and MicroStrategy stock. Both ETFs will charge a 1.55% management fee and trade on Canadian exchanges.

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.