ETF Launches Jump & Closures Fall In February

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).

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

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