In the shortened week since the launch of the first-ever Spot Bitcoin ETF, almost as many closures have been announced as launches. So far in 2024, both new ETF launches and existing ETF closures have been very strong.
Among the companies launching funds this week are: CCM, Raymond James, Roundhill, YieldMax, Brinsmere, F/m, First Trust in partnership with Calamos. However, iShares was also among the issuers rolling out new ETFs.
Climate according to iShares Paris MSCI world ex united states of america ETF PABDfocuses on developed markets and is a $1.5 billion sister fund (pub ) This was one of the biggest launches of 2022. Finnish insurance company Ilmarinen pub. However, it is unclear whether they did something similar. PABD.
The fund's index methodology incorporates the goals of the Paris Agreement on the transition to a low-carbon economy when evaluating covered companies.Other implementations ESGRelevant criteria for selecting companies. PABD It is listed on the Nasdaq Stock Exchange and has an expense ratio of 0.12%.
The industry saw seven announcements. ETF Closed on weekdays. (XBTF The fund tracks the performance of Bitcoin futures and was launched in November 2021, but has not attracted significant assets.
BNY Mellon is also closing three sustainability-focused ETFs, with the last day of trading set for February 14th. These funds are:
- (BKES )
- (BKIS )
- (BKUS )
The two ETFs are traded under the following conditions: craft The brand's last day of trading will be February 14th. These include (AIDB ) and the (NVQ ).
Pacer is that (TRPL ), its shares are scheduled to be suspended from trading on January 31st.
Finally, Nationwide will be withdrawing. ETF Close all but one fund and put it on the market. The following ETFs will have their last day of trading on February 22nd.
- (NDJI )
- (NSPI )
- (NTKI )
neos The ETF will become the fourth fund in the Nationwide family. (Nushi ). neos Nasdaq-100 Hedge stock return ETFthe transition could be completed in May.
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Several other changes were completed this week or are still pending.
(STRV ) removes the current index Solactive. GBS The U.S. 500 Index tracks the Bloomberg U.S. Large Cap Index and has an expected execution date of January 26th. Immediately after that, on February 1st, (DCMB ) The ticker changes to: DCRE.
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