Americas ETF News for the past 2 weeks
Wedbush Enters the ETF MarketFebruary 18, 2025-Wedbush, a Los Angeles-based financial services firm with global reach, and a legacy of innovation and client-focused investment solutions, introduces Wedbush Fund Advisers and announces its entry into the rapidly growing exchange-traded fund (ETF) market. A Strategic Expansion into ETFs Source: Wedbush |
Tidal Trust II Announces Name Change of STKD Bitcoin & Gold ETF
February 11, 2025--Tidal Trust II today announced that the STKD Bitcoin & Gold ETF (BTGD) will undergo a name change to STKd 100% Bitcoin & 100% Gold ETF, effective February 18, 2025. The fund will continue to be listed on The Nasdaq Stock Market, LLC under its current ticker symbol, BTGD.
Cohen & Steers Strengthens ETF Leadership with Griffin Frank and Alexander Berg
February 11, 2025--Cohen & Steers, Inc. (NYSE: CNS) is introducing Griffin Frank as Head of ETF Capital Markets and Alexander Berg as Head of ETF Sales, underscoring the firm's strategic expansion into the ETF marketplace. These appointments follow the firm's launch of three fully transparent Active ETFs focused on real estate, preferred securities, and natural resource equities.
Traditional index trackers shunned in January US ETF flows
February 11, 2025-Overall, US-listed ETFs saw net inflows of $92bn in January, according to SSGA data, a record for January, traditionally the second-quietest month, livelier only than August.
According to Morningstar, US-listed active ETFs pulled in a record $43bn in January, ahead of the previous record of $34bn, set as recently as November, following 579 active ETF launches on Wall Street in 2024.
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.