Record Number of ETF Launches

Share post:

The United States market witnessed the launch of 18 new ETFs in a single week, which is more than double the average weekly total of 8.5 for the year 2023. This recent spree brought the total ETF launches for the month to 57, surpassing the previous record of 53 in September 2022. Some notable contributors to this surge include five new ETFs from Capital Group, eight from Brookstone Asset Management, and two from Dimensional Fund Advisors. It’s also highlighted that Dimensional has been transitioning from actively-managed mutual funds to ETFs since 2020.

ETF Newz Says:

This uptick in launches is reflective of a growing investor interest in actively managed ETFs, a trend supported by the likes of Capital Group and Dimensional.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...