ETF Launches Jump & Closures Fall In February

Share post:

After a slow start in 2023, ETFs launching are finally seeing a boost in February, up 17% with closures dropping by 46%. Of the closures, niche and crypto-related ETFs took the crown with dividend-focused funds following, though it should be a good time for them with stock prices falling. February saw the launch of 35 new funds and 8 closures. A few notable funds that closed in February are, the Amberwave Invest USA JSG Fund (ISUA), the Volt Crypto Industry and Equity ETF (BTCR), and the APEX HealthCare ETF (APXH).

Related

Vanguard to Launch 2 Active Bond ETFs

Vanguard Group is set to launch two actively managed bond ETFs, the Vanguard Core-Plus Bond ETF (VPLS) and...

Decision on Grayscale Investments’ spot ether exchange-traded fund (ETF) delayed until mid-January

The Securities and Exchange Commission (SEC) has delayed its decision on Grayscale Investments' spot ether exchange-traded fund (ETF)...

Macquarie Asset Management enters the U.S. exchange-traded fund (ETF) market

Australian financial-services firm Macquarie Asset Management has entered the U.S. exchange-traded fund (ETF) market with the launch of...

Vanguard Launches Another Actively Managed Bond ETF

Vanguard, the world's second-largest asset manager, is furthering its foray into active management with the launch of its...