Americas ETP News
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MSTX, The First Leveraged MicroStrategy ETF Surpasses $1 Billion
November 12, 2024--Defiance ETFs, a leading provider of thematic and leverage-focused exchange-traded funds, is thrilled to announce that its MSTX ETF (Daily Target 2X Long MSTR ETF) has surpassed $1 Billion in assets under management (AUM). This milestone underscores the strong investor demand and confidence in the product's innovative approach to offering amplified exposure to MicroStrategy Inc. (MSTR), a company known for its substantial Bitcoin holdings and cutting-edge data analytics solutions.
Key Highlights:
Unprecedented Growth: The MSTX ETF's rapid ascent to $1 billion in AUM reflects investors' growing interest in leveraged strategies and their desire to capitalize on the high volatility and significant movements in MicroStrategy’s stock.
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Source: Defiance ETFs
GraniteShares new Short and Leveraged Single Stock ETF launches Highlights: 2X Micron, 2X Taiwan Semiconductor and 2X CrowdStrike
November 12, 2024--Today, GraniteShares, an ETF issuer specializing in high conviction ETFs, announced that it has added three new short & leveraged single-stock ETFs to its existing lineup. The new ETFs will bring the total number of short and leveraged ETFs that GraniteShares offers to 19.
These new additions will aim to replicate +2X the daily variations of their underlying stocks: Micron Technology (MU), Taiwan Semiconductor (TSM) and CrowdStrike (CRWD)
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Source: GraniteShares
Digital Asset Investment Management (DAIM) Launches Crypto Financial Planning Service
November 8, 2024--Revolutionizing Traditional Financial Planning with a Futuristic Approach
Digital Asset Investment Management (DAiM), the pioneering asset management firm, introduces a holistic Crypto Financial Planning Service.
The service is designed to help clients strategically incorporate digital assets into their financial plans.
This move positions DAiM at the forefront, beyond simple asset management, to provide clients with a clear path to long-term financial stability in an increasingly crypto-integrated market. While some investors still rely on bitcoin ETFs or stocks like MicroStrategy (MSTR) for crypto exposure, DAiM's innovative service showcases the advantages of direct crypto investments. It offers proactive management of opportunities, such as transitioning from crypto-linked stocks to direct bitcoin. DAiM's seasoned advisors empower clients with the knowledge, strategy, and confidence required to navigate the complex and evolving digital asset landscape securely and effectively.
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Source: Digital Asset Investment Management
Fundstrat Capital LLC together with Tidal Global Financial announces the listing of The Fundstrat Granny Shots US Large Cap ETF, on NYSE, Arca, under the ticker GRNY
November 7, 2024-The Fundstrat Granny Shots US Large Cap ETF ticker GRNY, represents the best of Fundstrat Capital's views regarding how to invest in large cap US equities. GRNY utilizes a rigorous "granny shot" research process to identify the most important themes driving the economy and US equity market, select those stocks which benefit from the tailwinds generated by those themes, leading to a 20-50 stock portfolio of large cap US equities.
The GRNY ETF employs an active top-down thematic approach combined with a quantitative bottom-up model, offering investors a differentiated approach likely absent from their asset allocation.
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Source: Fundstrat Capital
SEC Division of Examinations Announces 2025 Priorities
November 6, 2024--The Securities and Exchange Commission’s Division of Examinations today released its 2025 examination priorities. The Division publishes its examination priorities annually to inform investors and registrants of potential risks in the U.S. capital markets and to make them aware of the examination topics that the Division plans to focus on in the new fiscal year.
This year's examinations will prioritize perennial and emerging risk areas, such as fiduciary duty, standards of conduct, cybersecurity, and artificial intelligence.
"The Division of Examinations 2025 priorities enhance trust in our ever-evolving markets," said SEC Chair Gary Gensler. "In examining for compliance with our time-tested rules, the Division plays a critical role in protecting investors and facilitating capital formation. Working with registrants to understand the rules helps ensure that markets work for investors and issuers alike."
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Source: sec.gov
Tradeweb Reports October 2024 Total Trading Volume of $54.7 Trillion and Average Daily Volume of $2.35 Trillion
November 6, 2024--October 2024 ADV up 34.1% YoY
Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today reported total trading volume for the month of October 2024 of $54.7 trillion (tn)[1]. Average daily volume (ADV) for the month was $2.35tn, an increase of 34.1 percent (%) year-over-year (YoY).
Excluding the impact of the ICD acquisition, which closed on August 1, 2024, total ADV for the month of October was up 18.4% YoY.
In October 2024, Tradeweb records included:
ADV in European government bonds
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Source: Tradeweb Markets
Latecomers first! Surpassing BlackRock, Vanguard's VOO becomes the world's second-largest ETF
November 6, 2024--Analysis suggests that VOO will become the largest ETF in the world by 2025 or at the latest by 2026. VOO is expected to break the record for annual fund inflows, with inflows reaching USD 85 billion so far this year.
Compared to SPY's annual fee of 9 basis points, VOO charges an annual fee of 3 basis points, leading many investors to use Vanguard ETFs exclusively to build their portfolios
In the fiercely competitive ETF market, a historic surpass is unfolding, with Vanguard's VOO set to become the strongest contender.
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Source: longportapp.com
Roundhill Investments Announces Changes to ETF Lineup
November 6, 2024--Roundhill Investments, an ETF sponsor focused on innovative financial products, today announced plans to close and liquidate the following ETFs:
Fund Name: Roundhill Alerian LNG ETF Ticker: LNGG
Fund Name: Roundhill S&P Global Luxury ETF Ticker: LUXX
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Source: Roundhill Investments
First Trust Introduces a Small and Mid Cap Dividend Achievers Target Income ETF
November 5, 2024--FT Portfolios Canada Co. ("First Trust Canada"), announced today that it has launched units of First Trust Vest SMID Rising Dividend Achievers Target Income ETF (the "Fund" and "SDVD"). Units of the Fund will commence trading on Cboe Canada Inc. at market open today. The ticker symbol for the units is SDVD.
The Fund seeks to provide investors with current income with a secondary objective of providing capital appreciation by investing primarily in a portfolio of equity securities included in the Nasdaq US Small Mid Cap Rising Dividend AchieversTM Index (the "Index") as well as listed options on the Russell 2000 Index or exchange-traded funds that track the Russell 2000 Index. The Fund will seek to achieve its investment objectives by investing all or substantially all of its assets in FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD), a U.S.-listed ETF which is managed by an affiliate of First Trust Canada that has substantially similar investment objectives as the Fund.
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Source: FT Portfolios Canada Co.
Purpose Investments Unveils New Meta and AMD Single-Stock Yield Shares ETFs in Its Acclaimed Yield Shares Suite
November 5, 2024--Investors now have a new way to invest in Meta Platforms Inc. ("Meta") and Advanced Micro Devices, Inc. ("AMD") that combines tax-efficient monthly income with long-term growth potential
Purpose Investments Inc. ("Purpose Investments") is excited to announce the addition of two new single-stock ETFs to its Yield Shares by Purpose ("Yield Shares") suite of funds: the Meta (META) Yield Shares Purpose ETF (Cboe ticker: YMET) and the AMD (AMD) Yield Shares Purpose ETF (Cboe ticker: YAMD).
These latest additions to the industry-leading Yield Shares suite reflect increasing client interest and Purpose's commitment to offering innovative and outcome-oriented investment products for investors seeking both income and growth opportunities.
Key Benefits:
Monthly Distribution: Investors receive an enhanced* monthly income in addition to any dividends from the underlying stock.
Growth Potential: Investors can participate in the long-term growth potential of Meta and AMD, respectively-companies at the forefront of technological innovation.
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Source: Purpose Investments Inc.
