Americas ETF News for the past 14 Days
Exchange Traded Concepts to Close and Liquidate The Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (NYSE:UTRN)
March 4, 2025-After careful consideration, Exchange Traded Concepts,LLC, the Fund's investment adviser has recommended,and the Board of Trustees of Exchange Traded Concepts Trust has approved, the termination and liquidation of the Fund pursuant to the terms of a Plan of Liquidation.
Accordingly,the Fund is expected to cease operations and liquidate on or about March 28,2025 (the "Liquidation Date").
The Fund will be closed to orders for new creation units on March 24,2025,and the last day of trading of the Fund's shares on the NYSE Arca,Inc. will be on or about March 25,2025. From March 24, 2025, through the last day of trading, shareholders may only be able to sell their shares to certain broker-dealers, and there is no assurance that there will be a market for Fund shares during that time period. Customary brokerage charges may apply to such transactions. From the last day of trading through the Liquidation Date, shareholders will not be able to purchase or sell shares in the secondary market.
ERShares Expands Access to High-Growth Private Companies and Sets a New Standard for Private Equity Valuation in ETFs
February 26, 2025-ERShares, the issuer of the XOVR ETF, the first exchange-traded fund to integrate private equity into its portfolio, continues to lead the financial industry with an innovative investment strategy. With a diversified portfolio that includes SpaceX (currently 10% of total holdings) and exposure to Klarna, a leading fintech company preparing for its IPO, ERShares is setting a new standard for investor access to high-growth private companies.
Exchange Traded Concepts to Close and Liquidate The Optica Rare Earths & Critical Materials ETF (NYSE:CRIT)
February 21, 2025-After careful consideration, Exchange Traded Concepts, LLC, the Fund's investment adviser has recommended, and the Board of Trustees of Exchange Traded Concepts Trust has approved, the termination and liquidation of the Fund pursuant to the terms of a Plan of Liquidation. Accordingly, the Fund is expected to cease operations and liquidate on or about March 21, 2025 (the "Liquidation Date").
Innovations expected to turbo-charge crypto ETF industry
February 20, 2025-Participants say favourable regulatory environment could lead to enthusiasm for diversified indices of digital tokens.
By most measures the launch of bitcoin exchange traded funds in the US has been a rip-roaring success, but industry participants say coming innovations will turbo-charge the crypto ETF industry further still.
Fidelity Rides Model-Portfolio Boom as ETF Takeover Gathers Pace
February 20, 2025-Industry assets to hit $11.8 trillion by 2028, Broadridge says
Driver of big demand coincides with explosive growth of ETFs
Investments in ETFs within Fidelity's custom model portfolios have reached 51% at the end of last year.
Invesco Launches the Invesco SteelPath MLP & Energy Infrastructure ETF (PIPE)
February 20, 2025-PIPE offers exposure to midstream energy infrastructure equities through an actively managed ETF
Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today the launch of the Invesco SteelPath MLP & Energy Infrastructure ETF (Ticker: PIPE).
BlackRock, Vanguard Pause Corporate Meetings to Avoid Violating SEC Guidance Targeting ESG Activism
February 19, 2025-BlackRock and Vanguard have paused their meetings with companies after the U.S. Securities and Exchange Commission (SEC) published guidance last week prohibiting investors from participating in environmental, social, and governance (ESG) activism.
Abacus Life Completes the Rebranding of FCF Advisors with New ETF and Fee Reductions
February 19, 2025-Abacus Life, Inc. ("Abacus" or the "Company"), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announces the rebranding of FCF Advisors to Abacus FCF Advisors, a subsidiary of ABL Wealth.
Amplify ETFs Changes Fund Name to Highlight 12% Option Income Strategy: Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (TLTP)
February 19, 2025-Amplify ETFs, a leading provider of innovative exchange-traded funds, emphasizes its 12% option income strategy by renaming the TLTP ETF to the Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (formerly Amplify Bloomberg U.S. Treasury Target High Income ETF), effective today. The fund will continue trading under its existing CBOE ticker, TLTP.
'A trillion-dollar tsunami': Canadians grapple with unprecedented wealth transfer
February 19, 2025-Aging baby boomers are passing down a record amount of money to their children
Canada is in the midst of an unprecedented transfer of wealth that experts say could have significant social and economic implications for the country.