Americas ETF News for the Past 90 Days
You are currently viewing:Mutual Fund Conversions Hit Record in ETF Industry's Epic YearDecember 17, 2024- Some 55 mutual funds made the switch this year: Morningstar
This year has seen a record number of mutual fund-to-ETF switches, according to data compiled by Morningstar Direct. As demand for the easy-to-trade ETF structure gains traction on Wall Street, 55 made the conversion- more than triple from 2021. Majority of the products that converted were fixed-income in nature, particularly from Stone Ridge's LifeX suite. Other issuers include Morgan Stanley, TCW Group Inc. and BlackRock Inc. Source: bloomberg.com |
Tidal Financial Group and CNIC Funds Announces the Closure of the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD)
February 7, 2025--Tidal Financial Group and CNIC Funds today announced the planned closure and liquidation of the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD). The Board of Trustees of Tidal Trust II concluded that liquidating and closing the Fund would be in the best interest of the Fund and its shareholders.
Defiance Launches ORCX, The First 2X Leveraged Single-Stock ETF on Oracle Corporation.
February 7, 2025--Defiance ETFs is proud to unveil ORCX, the first 2X long ETF for Oracle Corporation. ORCX seeks to provide 200% long daily targeted exposure to Oracle Corporation (NYSE: ORCL) (the "Underlying Security" or "ORCL"). Defiance's single-stock ETFs provide leveraged exposure to disruptive companies without the need for a margin account.
Why are economists fearing a resurgence of global inflation?
February 6, 2025-Trade-related risks could be the spark that sends prices soaring again.
The more President Donald Trump threatens tariffs on the US's trading partners, the more the worry of another inflation wave troubles global economists.
Trump Media files to trademark investment products targeting bitcoin, US industries
February 6, 2025--Trump Media and Technology Group, said on Thursday it has applied to trademark six investment products that track bitcoin and the U.S. manufacturing and energy sectors.
Innovator Launches QBF, a Bitcoin ETF Providing a 20% Floor* Against Losses with No Cap on the Upside
February 6, 2025--Innovator Capital Management, LLC (Innovator), pioneer and provider of the first and largest lineup of Defined Outcome ETFs, today announced the launch of the Innovator Uncapped Bitcoin 20 Floor ETF- Quarterly (QBF), the first ETF offering uncapped, risk-managed bitcoin exposure.
YieldMax Launches Its First 0DTE ETF YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY)
February 6, 2025--YieldMaxTM announced the launch today of its first YieldMaxTM 0DTE Covered Call Strategy ETF:
YieldMaxTM S&P 500 0DTE Covered Call Strategy ETF (Nasdaq: SDTY)
SDTY Overview
SDTY is an actively managed ETF that utilizes a synthetic covered call strategy designed to generate weekly income while also providing exposure to the price return of the S&P 500 ("the Index").
Calamos Announces Initial Upside Cap Rates for World's First 90% and 80% Downside Protected Bitcoin ETFs With Successful Launch of CBXJ and CBTJ
February 5, 2025--John Koudounis, President and CEO of Calamos, today announced the successful launch and attractive cap rates of two new ETFs offering upside growth potential of bitcoin with 90% (CBXJ) and 80% (CBTJ) protection levels over a one year outcome period.
ETF Flows Don't Run Dry in January
February 5, 2025-Investors piled $90 billion into US ETFs last month.
January Key Takeaways
Global stock and bond gains powered the Morningstar Global 60/40 Index to a 2.17% January return.
US exchange-traded funds collected roughly $90 billion in January, a solid haul for a traditionally quieter month.
Active ETFs pulled in a record $43 billion, dusting the previous monthly record $34 billion.
Announcing the largest fee cut in Vanguard history
February 3, 2025--Once again, Vanguard is lowering the cost of investing. Effective February 1, 2025, the firm reduced fees on 168 share classes across 87 funds. The fee reductions are expected to save investors more than $350 million this year alone.1
Trump Media's ETF ambitions could push into Strive's space
February 3, 2025--Trump Media's plan to launch investment products including exchange traded funds focused on the "patriot economy" could put it head to head with Strive, the asset manager founded by Vivek Ramaswamy.