Americas ETP News up to 1 year Ago
Global X Expands Its Income Product Lineup with Launch of New Covered Call ETFs
May 8, 2024--Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today launched the Global X MLP & Energy Infrastructure Covered Call ETF (MLPD) and the Global X S&P 500 Quality Dividend Covered Call ETF (QDCC). The funds are Global X's latest additions to its covered call suite, which offers investors ETF strategies that look beyond traditional fixed income to potentially increase or diversify a portfolio's yield.
Covered call strategies can play an important role in a portfolio, offering a diversified source of income while helping to potentially mitigate downside risk. While covered call strategies once required investors to trade options themselves, the availability of covered call ETFs can help investors more easily and efficiently integrate these strategies.
TCW ETF Trust files with the SEC-TCW Artificial Intelligence ETF and TCW Compounders ETF
May 8, 2024-TCW ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the
TCW Artificial Intelligence ETF
TCW Compounders ETF.
view filing
Macquarie ETF Trust files with the SEC-Macquarie Focused Large Growth ETF
May 8, 2024-Macquarie ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the Macquarie Focused Large Growth ETF.
view filing
Grayscale Bitcoin Mini Trust (BTC) files with the SEC
May 8, 2024-Grayscale Bitcoin Mini Trust (BTC) has filed an Amendment No. 2, Form S-1 Registration Statement with the SEC.
view filing
US SEC expected to deny spot ether ETFs next month, industry sources say
May 7, 2024--The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.
Grayscale has made a surprising move to withdraw its 19b-4 application for its Ether (ETH) futures exchange-traded fund, just three weeks before the securities regulator would be forced to make a decision on it.
The cryptocurrency asset manager filed a notice of withdraw the Grayscale Ethereum Futures Trust with the United States Securities and Exchange Commission on May 7.
WisdomTree faces new battle with largest shareholder
May 7, 2024--ETFS Capital's Graham Tuckwell urges investors to cast proxy ballots against reappointment of CEO Jonathan Steinberg
WisdomTree's largest shareholder has launched a new attempt to oust its chief executive, pressing for a potential sale of the $107bn asset manager and criticising its recent push into decentralised finance.
Graham Tuckwell, chair of ETFS Capital, which owns about 18 per cent of WisdomTree, is urging investors to cast proxy ballots against the reappointment of founder and CEO Jonathan "Jono" Steinberg and two other board members at the company's upcoming annual meeting. WisdomTree, in response, insisted "there is no case for change" and has asked stockholders to "not let Mr Tuckwell derail our progress and hinder our success".
IndexIQ Active ETF Trust files with the SEC-IQ MacKay Securitized Income ETF
May 7, 2024-IndexIQ Active ETF Trust has filed a Post-Effective Amendment, Registration Statement with the SEC for the IQ MacKay Securitized Income ETF.
view filing
US SEC expected to deny spot ether ETFs next month, industry sources say
May 6, 2024--The United States Securities and Exchange Commission has delayed its decision on Galaxy Invesco's application for a spot Ether
exchange-traded fund (ETF).
In a May 6 filing, the SEC gave itself another 60 days to make a call on the Galaxy's ETF, with the next deadline set to July 5.
"The Commission finds that it is appropriate to designate a longer period within which to issue an order approving or disapproving the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein," the SEC wrote.
Worsening Weather Is Igniting a $25 Billion Market
May 4, 2024--Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was "a stockbroker that does something with the weather." Malinow couldn’t really object- he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.
That's beginning to change. Against a backdrop of rising climate volatility and social shifts, demand for weather derivatives is surging. Average trading volumes for listed products jumped more than 260% in 2023, according to the CME Group, with the number of outstanding contracts currently 48% higher than a year ago.
Retail investors snap up triple-leveraged US equity ETFs
May 4, 2024--Volatile April markets draw money into riskier trades
Yield-hungry retail investors piled into highly leveraged US exchange traded funds in April, drawn to volatile markets stoked by uncertainty over the outlook for interest rates.
Investors have pushed around $5.2bn into the top 22 leveraged ETFs, which can magnify potential gains and losses, in the year to the end of April, according to VandaTrack, a data company which monitors retail trading flows.
