IndexIQ, a New York Life Investments company, has announced the expansion of its Dual Impact family of thematic investment strategies with the launch of three new funds: IQ Engender Equality ETF (NYSE Ticker: EQUL), IQ Clean Oceans ETF (NYSE Ticker: OCEN), and IQ Cleaner Transport ETF (NYSE Ticker: CLNR).
Launches & Fundraising
The big launch finally happened this week, after years of speculation.
ETF issuers ETF Managers Group has announced the launch of the ETFMG Real Estate Tech ETF (NYSE Arca: HHH).
After two days of trading, the BITO ETF from ProShares, the first bitcoin-linked ETF in the US, has assets of USD1.1 billion. BITO saw trading volume of over 29 million shares on Wednesday, representing over USD1.2 billion.
South Africa’s Satrix has launched the first ETF on the JSE to include the full universe of large-, mid-and small-cap South African-listed companies.
Iconic Funds has received approval from the Malta Financial Services Authority (MFSA) to list the Iconic BITA20 XA Crypto Asset Index Fund on the Malta Stock Exchange.
ProShares’ first bitcoin-linked ETF in the US, BITO, enjoyed its first day of trading with historic volume, with the ETF trading over 24 million shares, representing just short of USD1 billion dollars. BITO ended its launch day with assets of USD570 million.
Digital asset ETP issuer Valour Inc has entered the German market for the first time as it announces the listing of its Bitcoin Zero and Ethereum Zero products on the Borse Frankfurt Zertifikate AG.
US ETF issuer ProShares is set to launch the first bitcoin-linked ETF in the US on 19th October, with the ticker BITO.
ETF provider First Trust Advisors has launched a new actively managed ETF, the First Trust Multi-Manager Small Cap Opportunities ETF (NYSE Arca: MMSC).