Weekly ETF Industry Recap: U.S., Europe, and Canada Highlights - May 5-9, 2025

U.S. Weekly ETF Industry News

U.S. ETF Launches

New York Life Launches Short-Duration Muni Bond ETF (MMSD)

The new MMSD ETF targets 1–3 year muni bonds, aiming to deliver tax-exempt income and outperform cash with up to 20% in high-yield municipal debt.

Pacer Launches QQWZ ETF to Rotate Between Growth and Value

QQWZ dynamically shifts exposure between the Nasdaq-100 and Cash Cows 100 Index monthly, aiming to capture outperformance in either growth or high FCF-yielding value stocks.

Pacer Introduces LCOW ETF Targeting S&P 500 FCF Aristocrats

LCOW selects 100 S&P 500 firms with 10+ years of positive free cash flow and top FCF margins and returns, focusing on financially strong large-cap companies.

Harbor Launches EPMV ETF for Contrarian Mid-Cap Value Exposure

EPMV uses a bottom-up, fundamentals-driven approach to target undervalued mid-cap companies, offering investors a contrarian take on mid-cap value investing.

Harbor Debuts EPSV ETF for High-Conviction SMID-Cap Value Strategy

EPSV focuses on SMID-cap companies using a high-conviction, bottom-up process guided by fundamental and qualitative analysis for value-oriented stock selection.

Harbor Introduces EPMB ETF for Contrarian Mid-Cap Core Investing

EPMB provides core exposure to mid-cap stocks via a contrarian, bottom-up strategy that emphasizes individual company analysis and qualitative insights.

Harbor Rolls Out EPSB ETF Targeting SMID-Cap Core Opportunities

EPSB applies a contrarian, fundamentals-based approach to identify attractive SMID-cap stocks for core portfolio exposure.

Invesco Launches QQHG ETF with Hedged Nasdaq-100 Exposure

QQHG tracks the Nasdaq-100 while using an options overlay to manage downside risk, combining index exposure with Invesco’s expertise in option-based strategies.

Invesco Debuts CSTK ETF Focused on Contrarian Value Investing

CSTK targets capital growth and income by investing in undervalued stocks, using a contrarian approach to identify price-value discrepancies in U.S. equities.

Invesco Rolls Out IMF ETF with Global Managed Futures Strategy

IMF employs long/short futures positions across global markets, seeking capital appreciation and diversification with low correlation to traditional asset classes.

VistaShares Launches QUSA ETF with 15% Income Target via Options

VistaShares debuts QUSA, a factor-based U.S. equity ETF with an options overlay targeting 15% annual income, adding to its growing high-income "Target 15" ETF lineup.

YieldMax Launches HOOY ETF Targeting Income from Robinhood Options

The YieldMax HOOD Option Income Strategy ETF (HOOY) uses options on Robinhood (HOOD) to generate income, expanding YieldMax’s lineup of single-stock income ETFs.

Regan Capital Launches MBSX ETF Focused on Fixed Rate Agency MBS

The actively managed MBSX ETF targets fixed rate Agency RMBS to offer higher yields than Treasuries, aiming for income stability and alpha amid market volatility.

Defiance Launches MST ETF with Leveraged Exposure to MicroStrategy

The MST ETF targets 150–200% daily exposure to MSTR and combines this with an income strategy using credit call spreads to generate premium income and manage risk.

PGIM Launches PMMY ETF with Capped Upside and Downside Buffer

The PMMY ETF aims to match SPY's price return up to a cap while maximizing downside protection over a one-year period, offering defined outcome exposure to the S&P 500.

U.S. Fund Updates

Range Cancer Therapeutics ETF (CNCR) to Liquidate on May 27, 2025

ETF Series Solutions will close the CNCR ETF, ceasing trading and liquidating assets by May 27, with final cash distributions to shareholders treated as taxable events.

U.S. ETF Filings

Roundhill Files for ETF Offering Daily Points-Based VIX Futures Exposure

The Roundhill Long VIX Futures Points ETF offers daily 1:1 exposure to the points-change in front- and second-month VIX futures via swap agreements, targeting long volatility performance.

Roundhill Files for 2X Daily VIX Points Change Index ETF

The Roundhill 2X Long VIX Futures Points ETF is a leveraged ETF targeting 2x the daily points-change in VIX futures. The fund will use swaps and a Cayman subsidiary to gain exposure and aims to capitalize on daily VIX spikes.

Roundhill Files for Inverse Volatility ETF Tied to VIX Futures

The Roundhill Short VIX Futures Points ETF will track the Inverse Points Change Index, aiming to profit from declining VIX futures. The fund uses swaps and a Cayman subsidiary to deliver short volatility exposure.

Roundhill Files for 2x Leveraged Short Volatility ETF

The Roundhill 2X Short VIX Futures Points ETF is a leveraged ETF targeting 2x the daily return of the Inverse Points Change Index, offering amplified short exposure to VIX futures. The fund uses swaps and a Cayman subsidiary.

PGIM Files for Actively Managed Short-Term Corporate Bond ETF

The PGIM Corporate Bond 0-5 Year ETF focuses on investment-grade corporate bonds with maturities under five years. The fund aims to stay within one year of the Bloomberg 0–5 Year Corp Index duration.

PGIM Files for Mid-Term Corporate Bond ETF Focused on 5–10 Year Maturities

PGIM has filed for an actively managed ETF targeting investment-grade corporate bonds maturing between 5–10 years, with a duration near the Bloomberg U.S. Corporate 5–10 Year Index.

PGIM Files for Long-Duration Corporate Bond ETF Focused on 10+ Year Maturities

The PGIM Corporate Bond 10+ Year ETF is an actively managed ETF investing in investment-grade corporate bonds with maturities of 10 years or more, targeting duration near the Bloomberg U.S. Corporate 10+ Years Index.

Pacer Files for Small-Cap FCF Aristocrats ETF Tracking Quality Cash Flow Firms

Pacer has filed for an ETF tracking the S&P SmallCap 600 Quality FCF Aristocrats Index, targeting firms with 7+ years of positive free cash flow and high FCF margin and ROIC.

Pacer Files for Mid-Cap ETF Focused on Quality Free Cash Flow Firms

The Pacer S&P MidCap 400 Quality FCF Aristocrats ETF targets mid-caps with 7+ years of positive free cash flow and strong FCF margin and ROIC.

iShares Plans MBS ETF with Active Use of TBAs and Derivatives

The iShares Mortgage-Backed Securities Active ETF will invest at least 80% in mortgage-backed securities and related derivatives, with exposure to agency MBS, TBAs, and duration management aligned to the Bloomberg U.S. MBS Index.

REX Expands Single-Stock Lineup with 25 New 2X Leveraged ETFs

REX Shares has filed for 25 new T-REX 2X Long Daily Target ETFs, each offering 2x daily exposure to individual stocks like AVAV, AFRM, GOLD, AXON, AUR, ACHR, BBAI, BKNG, CVNA, DDOG, WGS, DNA, KTOS, OKLO, QUBT, RXRX, CEG, TEM, TTD, UPXI, UPST, SOUN, SMLR, GLXY, and DUOL, aimed at active traders.

SPDR Files Covered Call ETFs Across All 11 Sectors

SPDR has filed for a suite of ETFs applying a covered call strategy to each of its 11 Select Sector SPDR ETFs, targeting enhanced income while maintaining sector-specific equity exposure.

Leverage Shares Files for 2X ETFs for 14 Individual Stocks

Leverage Shares has filed to launch 2X daily leveraged ETFs for 14 stocks, including COST, AFRM, JD, GOLD, BBAI, SOUN, RGTI, VST, NEM, OKLO, FUTU, RKLB, HIMS, and PDD, offering traders amplified exposure to single names.

American Century Files for Actively Managed Small-Cap Growth ETF

The American Century Small Cap Growth Insights ETF will target U.S. small-cap stocks with accelerating growth, using bottom-up analysis and risk-aware strategies, aiming to outperform via active stock selection.

American Century Plans Small-Cap Value ETF with Active Strategy

The American Century Small Cap Value Insights ETF will target undervalued small-cap U.S. stocks, the actively managed ETF uses bottom-up analysis and risk-aware portfolio construction to find quality businesses trading below fair value.

Tradr Files for 10 New 2X Leveraged Single-Stock ETFs

Tradr has filed to launch 2X daily leveraged ETFs tied to 10 stocks, including ASTS, CEG, CRWV, DDOG, GEV, ISRG, LRCX, NET, SMR, and CEP offering magnified exposure for short-term traders.

Defiance Files for Long Bitcoin, Short Ether Leveraged Crypto ETF

The Battleshares Bitcoin vs Ether ETF will offer +150–220% long Bitcoin and -150–220% short Ether exposure, aiming to profit when Bitcoin outperforms Ether.

Defiance Files for Leveraged Ether-Over-Bitcoin Long/Short ETF

The Battleshares Ether vs Bitcoin ETF will be +150–220% long Ether and -150–220% short Bitcoin exposure, aiming to profit when Ether outperforms Bitcoin using leveraged derivatives.

Defiance Files for Bitcoin-Over-Gold Long/Short Leveraged ETF

The Battleshares Bitcoin vs Gold ETF with +150–220% long Bitcoin and -150–220% short Gold exposure, targeting returns when Bitcoin outperforms Gold through actively managed derivatives.

Defiance Proposes Gold-Over-Bitcoin Long/Short Leveraged ETF

The Battleshares Gold vs Bitcoin ETF will target +150–220% long gold and -150–220% short bitcoin exposure, designed to profit when gold outperforms bitcoin through leveraged derivatives.

VanEck Files for First U.S. ETF Tracking Binance's BNB Token

VanEck has submitted an S-1 filing for a BNB ETF, potentially the first U.S. fund to include staking rewards, pending SEC approval under new leadership.

Bitwise Files for Spot NEAR ETF, Expanding Altcoin ETF Lineup

Bitwise has filed with the SEC for a spot NEAR ETF, aiming to track NEAR token prices via Coinbase Custody, joining a growing list of pending altcoin ETF proposals.

Europe Weekly ETF Industry News

EU ETF Launches

HANetf and U.S. Global Launch Europe’s First Active Travel ETF (TRIP)

The TRIP ETF, co-launched by HANetf and U.S. Global Investors, uses a Smart Beta 2.0 strategy to actively target long-term growth in travel sectors like ecotourism, airlines, and hotels.

Global X Launches SYLD ETF with Covered Call Strategy on EURO STOXX 50

SYLD offers income-focused exposure to Eurozone blue-chip stocks via a covered call approach, joining QYLD and XYLU in Global X Europe’s UCITS income suite.

Franklin Templeton Launches USMC ETF Targeting Top 100 US Mega Caps

USMC tracks the 100 largest U.S. stocks from the Solactive GBS index, offering low-cost, high-cap exposure with a 0.09% TER and listings across major European exchanges.

Melanion Lists Bitcoin Equities UCITS ETF on Xetra for German Investors

Melanion Capital’s Bitcoin Equities UCITS ETF is now available on Xetra, offering German investors diversified exposure to Bitcoin-linked equities under UCITS regulation.

EU ETF Ecosystem Updates

InterCapital Carves Out ETF and Digital Units, Sells UCITS Funds to Erste

InterCapital has spun off its ETF, digital wealth, and real estate arms, while selling its UCITS fund business to Erste AM, sharpening its focus on scalable, low-cost ETF growth.

Canada Weekly ETF Industry News

Canada ETF Launches

BMO Launches AAA CLO ETF Focused on U.S. Dollar-Denominated Securities

BMO's new ZAAA ETF offers CAD, Hedged, and USD units, investing in AAA-rated CLOs to provide income and capital preservation, with a low 0.20% management fee.

Mackenzie Launches MAAA ETF Offering Floating-Rate AAA CLO Exposure

MAAA provides access to AAA-rated CLOs with yields tied to benchmark rates, offering income and rate sensitivity with a 0.4% management fee.

Mackenzie Debuts 2027 and 2029 Target Maturity Bond ETFs

MTBA and MTBB invest in investment-grade corporate bonds maturing in 2027 and 2029, respectively, with 0.2% fees, targeting predictable income and principal return.

LongPoint Adds USD Units to Return Stacked Global Balanced & Macro ETF

LongPoint's RGBM ETF now includes USD units, offering exposure to both balanced and systematic macro strategies stacked via leverage, with a 0.85% management fee.

Canada ETF Filings

Harvest Files for APLE ETF Offering Leveraged Apple Exposure and Income

APLE aims to provide Apple stock exposure with modest leverage and an active covered call strategy to generate high monthly income and long-term capital appreciation.

LongPoint Files for 2x and -2x Single-Stock ETFs on Major U.S. Tech Names

LongPoint seeks to launch 2x and -2x ETFs in Canada on AAPL, AMZN, GOOGL, MSFT, NVDA, and TSLA, with a 1.55% fee and daily reset exposure for tactical trading.

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.