Asia high-yield ETF inflows surge

Despite a terrible performance over the past year Asia high-yield ETF inflows surge. The Singapore-listed iShares Barclays USD Asia High-Yield Bond ETF attracted $1.37bn in net inflows in the last three months of 2021. Haitong International’s High Yield Corporate Bond ESG ETF, saw its assets grow tenfold to $205.9m over the same period.
ETF Newz Says: Currently the iShares USD Asia High Yield Bond Index ETF is down about 5%

The SEC Rejects Fidelity’s Wise Origin Bitcoin ETF Proposal

The U.S. Securities and Exchange Commission (SEC) refused to approve a Fidelity spot bitcoin exchange-traded fund (ETF). "While we are disappointed by the outcome of the SEC’s deliberations resulting in today’s disapproval order, we reaffirm our belief in market readiness for a physical bitcoin exchange traded product and look forward to continued constructive dialogue with the SEC," said a spokesperson from Fidelity.
ETF Newz Says: The SEC is showing preference to ETFs that track bitcoin futures.