MHY
Man Active High Yield ETF
stockNYSEETF

# U.S. Weekly ETF Industry News # U.S. ETF Launches **Lazard Converts Small Cap Strategy into Active ETF SYZ** Lazard has launched the [Lazard US Systematic Small Cap Equity ETF (SYZ)](https://www.trackinsight.com/en/fund/SYZ) via mutual fund conversion. SYZ targets overlooked U.S. small caps using automated fundamental analysis, aiming for long-term outperformance with tax efficiency and lower fees. It joins Lazard’s growing lineup of active equity ETFs. **Grayscale Launches First U.S. Multi-Asset Crypto ETP on NYSE Arca** Grayscale has listed the [Grayscale CoinDesk Crypto 5 ETF (GDLC)](https://www.trackinsight.com/en/fund/GDLC) on NYSE Arca, the first U.S. multi-asset crypto ETP. GDLC offers exposure to Bitcoin, Ether, XRP, Solana, and Cardano—covering over 90% of crypto market cap. The fund tracks the CoinDesk 5 Index and rebalances quarterly to reflect market leadership. **AllianceBernstein Launches Active International Growth ETF 'IGGY'** AllianceBernstein has launched [IGGY](https://www.trackinsight.com/en/fund/IGGY), an actively managed ETF targeting long-term capital growth through international equities. Managed by a veteran team, IGGY focuses on quality non-U.S. companies and expands AB’s active ETF lineup. The fund is now trading on the NYSE with Jane Street as lead market maker. **Invesco Launches Target-Maturity 2035 Municipal Bond ETF** Invesco has rolled out the [BulletShares 2035 Municipal Bond ETF (BSMZ)](https://www.trackinsight.com/en/fund/BSMZ), offering exposure to U.S. municipal bonds maturing in 2035. The fund tracks the Invesco BulletShares USD Municipal Bond 2035 Index, uses a sampling strategy, rebalances monthly, and is set to terminate around December 15, 2035. **Man Group Launches First Standalone ETFs** Man Group has launched its first standalone ETFs on the NYSE, marking its entry into the ETF market. The [Man Active High Yield ETF (MHY)](https://www.trackinsight.com/en/fund/MHY) and [Man Active Income ETF (MANI)](https://www.trackinsight.com/en/fund/MANI) are actively managed credit strategies targeting income and capital growth. MHY, led by Mike Scott, Head of Global High Yield and Credit Opportunities, will invest at least 80% in high yield securities, with up to 30% in deeply speculative-grade debt. The ETFs offer U.S. investors access to Man Group’s $42.7bn global credit platform. **MUFG and Clearbrook Launch First US-Listed Active Japan Small Cap ETF** Mitsubishi UFJ Trust and Banking Corporation and Clearbrook have introduced the [MUFG Japan Small Cap Active ETF (MJSC)](https://www.trackinsight.com/en/fund/MJSC), MUFG’s first ETF for US investors. The actively managed fund targets innovative, market-creating Japanese small caps with long-term growth potential, attractive valuations, and improving corporate governance. Using a thematic approach across 18 sector themes (e.g., semiconductors, automotive, national resilience, entertainment), the ETF seeks diversification and global appeal. Managed by Yoshitaka Nagano, a 27-year veteran at MUFG, the strategy aims to capitalize on Japan’s economic recovery, healthier labor market, and comparatively lower P/E ratios. Clearbrook will act as advisor, while MUFG Trust Bank serves as sub-advisor. **NEOS Launches Tax-Efficient International Income ETF** NEOS Investments has rolled out the [NEOS MSCI EAFE High Income ETF (NIHI)](https://www.trackinsight.com/en/fund/NIHI), an actively managed income ETF targeting high monthly payouts with tax efficiency. NIHI invests in ETFs tracking the MSCI EAFE IMI and enhances income by writing call options on the index. With a 0.68% fee, the fund offers global equity exposure plus an options overlay, aiming to attract investors seeking steady, tax-efficient income. **Vanguard Launches First High-Yield Bond ETF** Vanguard has introduced the [Vanguard High-Yield Active ETF (VGHY)](https://www.trackinsight.com/en/fund/VGHY), its first fixed income ETF dedicated to high-yield investing. The fund targets an alpha of 40 bps over its Bloomberg benchmark through bottom-up credit selection and sector allocation. With a 0.22% expense ratio, VGHY offers low-cost access to income opportunities. It is managed by the Vanguard Fixed Income Group, which oversees $2.6T in assets globally. **State Street Expands MyIncome Suite with New Bond ETFs** State Street has launched two new SPDR MyIncome ETFs: the [SSGA My2035 Corporate Bond ETF (MYCO)](https://www.trackinsight.com/en/fund/MYCO) and the [SSGA My2031 Municipal Bond ETF (MYMK)](https://www.trackinsight.com/en/fund/MYMK). Both are actively managed target maturity ETFs, distributing principal and liquidating in their final year (2035 and 2031). The suite helps investors build bond ladders for reliable income, leveraging State Street’s active fixed income expertise. **BlackRock Converts Two Mutual Funds into Active ETFs** BlackRock has converted two mutual funds from its Global Allocation suite into ETFs: the [iShares Dynamic Equity Active ETF (BDYN)](https://www.trackinsight.com/en/fund/BDYN) and the [iShares Disciplined Volatility Equity Active ETF (BDVL)](https://www.trackinsight.com/en/fund/BDVL). The strategies leverage BlackRock’s $50bn Global Allocation platform to offer globally diversified, actively managed equity exposure. **City Different Investments Debuts Global Equity ETF** City Different Investments has launched the [City Different Investments Global Equity ETF (CDIG)](https://www.trackinsight.com/en/fund/CDIG) focusing on U.S.-listed companies with market caps above $500m, selected globally. The fund holds a concentrated portfolio of 20–30 stocks, aiming to balance focus with diversification. The strategy emphasizes value and clear investment hypotheses for each holding to drive long-term performance. **Dana Investment Advisors Debuts Two Actively Managed ETFs** Dana Investment Advisors has launched two new ETFs: [DUNK](https://www.trackinsight.com/en/fund/DUNK) and [DIVE.](https://www.trackinsight.com/en/fund/DIVE) DUNK targets disruptive tech-driven growth with a high-conviction equity strategy, while DIVE focuses on large-cap dividend payers. Both funds bring Dana’s proven SMA strategies into a tax-efficient ETF format via a partnership with Tidal Financial Group. **REX-Osprey™ Launches First Spot Dogecoin and XRP ETFs in the U.S.** REX-Osprey™, the collaboration between REX Shares and Osprey Funds, has launched the first U.S.-listed ETFs offering spot exposure to Dogecoin and XRP: the [REX-Osprey™ DOGE ETF (DOJE)](https://www.trackinsight.com/en/fund/DOJE) and the [REX-Osprey™ XRP ETF (XRPR)](https://www.trackinsight.com/en/fund/XRPR). DOJE becomes the first Dogecoin ETF, while XRPR provides direct access to XRP, a token known for its role in cross-border payments. Both ETFs operate under the 1940 Act structure, enabling crypto exposure through traditional brokerage platforms. These launches follow the firm’s SOL + Staking ETF (SSK), reinforcing REX-Osprey’s position as a pioneer in regulated spot crypto ETFs. **REX Launches First 2X ETFs on TTD, UPXI, and BKNG** REX has introduced three new leveraged ETFs: [TTDU](https://www.trackinsight.com/en/fund/TTDU) (Trade Desk), [PXIU](https://www.trackinsight.com/en/fund/PXIU) (Upexi), and [BKNU](https://www.trackinsight.com/en/fund/BKNU) (Booking Holdings), offering 2x daily exposure to each stock. These first-of-their-kind ETFs expand the T-REX suite, giving traders high-conviction tools in sectors like ad tech, e-commerce, and global travel. **REX Debuts 2X Leveraged ETFs on AFRM, AXON, and KTOS** REX has launched [AFRU](https://www.trackinsight.com/en/fund/AFRU), [AXUP](https://www.trackinsight.com/en/fund/AXUP), and [KTUP](https://www.trackinsight.com/en/fund/KTUP)—ETFs offering 2x daily exposure to Affirm, Axon, and Kratos. These first-to-market products let traders target high-growth themes in fintech, public safety, and defense. The new funds expand the T-REX suite of over 20 leveraged and inverse single-stock ETFs. **Leverage Shares Launches 2X Leveraged ETF on Costco** Leverage Shares has introduced the [COTG ETF](https://www.trackinsight.com/en/fund/TTDU) at 0.75% expense ratio, offering 2x daily leveraged exposure to Costco (COST). The fund targets active traders seeking amplified exposure to a major retail and grocery leader known for growth and customer loyalty. **Tradr ETFs Debuts Five New 2X Single-Stock ETFs** Tradr ETFs has launched five first-to-market leveraged ETFs, each offering 200% daily exposure to individual stocks. The lineup includes funds tracking CleanSpark ([CLSX](https://www.trackinsight.com/en/fund/CLSX)), Credo Tech ([CRDU](https://www.trackinsight.com/en/fund/CRDU)), Enphase Energy ([ENPX](https://www.trackinsight.com/en/fund/ENPX)), Goldman Sachs ([GSX](https://www.trackinsight.com/en/fund/GSX)), and Unity Software ([UX](https://www.trackinsight.com/en/fund/UX)). The move expands Tradr’s suite for active traders with high-conviction bullish views. **GraniteShares Launches AMYY: Income ETF Tied to 2x AMD Exposure** GraniteShares has introduced the [YieldBOOST AMD ETF (AMYY)](https://www.trackinsight.com/en/fund/AMYY), which seeks to generate income by selling put options on leveraged ETFs tied to 2x Long AMD exposure. AMYY offers traders a way to capture option premium while indirectly targeting AMD’s amplified performance. **Defiance Launches First ETF With Twice-Weekly Income Payouts** Defiance ETFs has launched [QLDY](https://www.trackinsight.com/en/fund/QLDY), the first U.S. ETF to distribute income twice a week. Using its LightningSpread™ strategy, QLDY combines Nasdaq 100 exposure with daily 0DTE option spreads to generate income. The fund also holds Treasuries to enhance yield, targeting both growth and frequent cash flow. **Defiance Launches ETHI: Leveraged Ethereum ETF With Weekly Income** Defiance has introduced [ETHI](https://www.trackinsight.com/en/fund/XNMS:ETHI), a first-of-its-kind ETF combining 150–200% leveraged exposure to ether-linked ETPs with a weekly income strategy via credit call spreads. ETHI targets Ethereum’s growth potential while aiming to deliver consistent cash flow, appealing to traders seeking both upside and income. # U.S. ETF Planned Liquidations **Defiance to Close Battleshares™ TSLA vs F ETF** Tidal Financial Group and Defiance ETFs will liquidate the Battleshares™ TSLA vs F ETF (ELON), ceasing trading on October 6, 2025. Shareholders can sell until then; afterwards, holdings will convert into cash distributions during liquidation (Oct 6–10). Final payouts will be made on or around Oct 10, treated as taxable events. The fund will then be officially terminated. # U.S. ETF Filings **Argent Capital Files for Quant-Driven Large-Cap Growth ETF** The Argent Large Cap Growth ETF is an actively managed ETF focused on large-cap equities within the Russell 1000 Growth Index. Using a proprietary multi-factor model, the fund selects top-quartile stocks based on factors like valuation, earnings growth, and momentum. It is classified as a non-diversified fund under the 1940 Act. **Argent Capital Files for Quantitative Large-Cap Value ETF** The Argent Large Cap Value ETF will target large-cap stocks in the Russell 1000 Value Index. Using a proprietary quantitative model, the fund ranks and selects top-quartile stocks based on value metrics like P/E, P/B, and EV/EBITDA. It is non-diversified and strategically overweights top-ranked sectors to enhance value exposure. **Pacer Files for India-Focused ETF Using Quality-Value-Momentum Strategy** The Pacer ActiveAlpha India Quality ETF will be a passive fund tracking an index of 20–30 Indian companies selected based on quality, value, and momentum. The strategy favors firms with strong fundamentals, low debt, and attractive valuations. The index is rebalanced quarterly and sources stocks from the Nifty 500 and Microcap 250 universes. **Simplify Files for Target 25 Income ETF Using Dual-Strategy Approach** The Simplify Ancorato Target 25 Distribution ETF (XXV) is an actively managed ETF aiming for high monthly distributions through a two-part strategy: interest income and option spread writing. The fund, sub-advised by Legacy Investment Solutions (Ancorato), targets—but does not guarantee—an annualized 25% distribution rate. It invests in short-duration U.S. Treasuries and uses complex put spread strategies, including “barrier” and “worst-of-three” options, to generate income. The fund is non-diversified and may involve return of capital and significant downside risk. **Cohen & Steers Files for Short-Duration Preferred and Income Securities ETF** The Cohen & Steers Short Duration Preferred and Income Active ETF (CSSD) is an actively managed ETF focused on short-duration preferred and income securities. The fund targets tax-efficient income by investing in U.S. and global preferreds, hybrids, convertible securities, CoCos, and related ETFs and funds. It emphasizes investment-grade, institutional preferreds with a target duration under three years and a 40% minimum allocation to non-U.S. issuers. Up to 15% may be in emerging markets. The fund may also use interest rate and currency derivatives to manage risk and enhance returns, and it is non-diversified under the 1940 Act. **Cohen & Steers Files for Global Infrastructure Equity ETF** The Cohen & Steers Infrastructure Opportunities Active ETF (CSIO) is an actively managed ETF focused on a high-conviction portfolio of global infrastructure companies. The fund invests at least 80% in equity securities of firms across sectors like utilities, transportation, energy, and digital infrastructure, with a value-oriented approach. It may also invest in REITs, MLPs, foreign securities (including up to 25% in emerging markets), and up to 20% in below investment-grade securities. While not an ESG fund, relevant ESG factors may be considered. The fund is designed to offer current income and capital appreciation through a concentrated, globally diversified portfolio. **Angel Oak Files for Thematic, Growth-Oriented Equity Fund** The Whiplight ETF (IFCW) is an actively managed equity fund investing primarily in U.S.-listed companies, with flexibility to include international and emerging markets. Using a blend of bottom-up analysis and top-down thematic research, the fund targets growth across all market caps. It may hold cash during volatility and use derivatives, borrowing, and precious metals ETFs for strategy and hedging. **Tortoise Capital Files for Energy MLP Index ETF Using Derivatives** The Tortoise MLP ETF is a passive fund that tracks the Tortoise MLP Index, composed of U.S.-listed energy master limited partnerships (MLPs) and their affiliates. The fund primarily uses derivatives like total return swaps to replicate the index, with no more than 25% directly invested in MLPs. It will concentrate in the energy infrastructure sector and rebalance quarterly. **Global X Files for Actively Managed Commodity Exposure ETF** The Global X Commodity Strategy ETF is an actively managed ETF offering long exposure to commodities via futures and commodity ETPs. The fund uses a Cayman subsidiary for tax efficiency and applies macro, trend, and momentum models—developed by affiliate Wealthspot—to guide allocations. It may invest up to 25% in the subsidiary and is classified as non-diversified. **NEOS Files for Long/Short Equity ETF with Options Income Strategy** The NEOS Long/Short Equity Income ETF is an actively managed ETF combining a long/short equity strategy with a high-income options overlay. The fund targets mid- and large-cap U.S. equities, with gross exposure around 120% long and 55% short. It also uses SPX put spreads to generate monthly, tax-efficient income. The fund is non-diversified and may have high turnover. **TrueMark Files for ETF Tied to Synthetic Autocallable Notes** The TrueShares S&P Hedged Structured Income High ETF (PAYH) is an actively managed fund offering exposure to synthetic autocallable notes linked to a custom S&P 500 futures-based volatility index. The fund will primarily hold U.S. Treasuries and swaps, with a strategy aimed at delivering yield while managing downside via optional hedging overlays. **TrueMark Plans ETF Tracking Autocallables on Volatility-Adjusted S&P Index** The TrueShares S&P Hedged Structured Income Moderate ETF (PAYM) is an actively managed fund offers exposure to synthetic autocallable notes tied to a custom S&P 500 futures index with built-in volatility control. The fund will use swaps backed by Treasuries and cash, aiming for yield with downside protection and dynamic rebalancing through a Cayman subsidiary. **Xtrackers Files for ETF Tracking European Market Leaders** The Xtrackers Europe Market Leaders ETF is a passive ETF tracking the STOXX Europe Total Market Leaders Index, focusing on top European firms by market share, innovation, and profitability. The fund will hold 40 large-cap stocks, weighted by free-float market cap and capped at 4.5%, with quarterly rebalancing and potential use of derivatives. **Columbia Threadneedle Files for Actively Managed Corporate Bond ETF** The Columbia Corporate Bond ETF will focusing on investment-grade corporate debt, with flexibility to invest up to 5% in high-yield bonds. The fund targets a 3–10 year duration, may use derivatives and structured credit, and is non-diversified—allowing larger positions in fewer issuers. **Columbia Threadneedle Files for Core Plus Bond ETF with Global Flexibility** The Columbia Core Plus Bond ETF will actively invest in U.S. and global debt, including up to 20% in high-yield and 25% in foreign bonds. The fund may use derivatives, mortgage-backed securities, and maintain a duration near the Bloomberg U.S. Aggregate Bond Index. It is non-diversified and may trade frequently. **Columbia Threadneedle Files for Actively Managed AAA CLO ETF** The Columbia AAA CLO ETF will focus on AAA-rated collateralized loan obligations. The fund may also hold CLOs rated BBB- or higher and use derivatives for hedging and credit management. Actively managed and non-diversified, it targets high-quality tranches backed by below-investment-grade corporate loans. **New York Life Files for ESG-Focused Active Municipal Bond ETF** The NYLI MacKay Muni Allocation ETF is an actively managed ETF investing at least 80% in municipal bonds, with up to 40% in high-yield and 25% in related issuers. The fund uses ESG risk analysis in its credit selection and may also invest in taxable munis and derivatives. Duration targets align with a blended muni bond benchmark. **American Beacon Files for Global Brand-Focused Equity ETF** The American Beacon Ninety One International Franchise ETF is an actively managed fund investing in 25–40 global companies with strong brand value and competitive advantages. The fund will allocate at least 30–40% to non-U.S. firms, may use ESG factors in selection, and typically targets mid- to large-cap stocks. It is non-diversified and may concentrate in sectors like tech. **Hartford Plans Equity Income ETF Using Laddered Covered Calls** The Hartford Equity Premium Income ETF (HEMI) will combine a U.S. stock portfolio with weekly, laddered covered calls on SPY or the S&P 500 Index. Managed by Wellington, the strategy targets yield while limiting upside during market rallies. The fund may also use tax-loss harvesting for more efficient distributions. **LOGIQ Capital Files for Multi-Asset Contrarian Strategy ETF** The LOGIQ Contrarian Opportunities ETF (LCO) has filed for an actively managed ETF aiming for total return via a mix of U.S. and global equities, fixed income, and options. The fund uses a contrarian approach to find undervalued assets and may hold up to 35% in cash or equivalents. It also employs options for income, hedging, or directional bets. **Defiance Files for Market-Neutral Bitcoin Arbitrage ETF** The Defiance Bitcoin Basis Market Neutral ETF (NBIT) will use a cash-and-carry arbitrage strategy—long spot bitcoin via ETPs and short CME bitcoin futures—to capture the futures premium while minimizing bitcoin price exposure. The fund is market-neutral, rebalanced daily, and uses a Cayman subsidiary to manage tax and investment constraints. **Defiance Files for Market-Neutral Ether Arbitrage ETF** The Defiance Ethereum Basis Market Neutral ETF (DETH) will use a cash-and-carry arbitrage strategy on Ether, pairing long exposure via spot Ether ETPs with short CME Ether futures. The fund aims to capture futures premiums while neutralizing Ether price risk, rebalancing daily to maintain neutrality. Investments are made through a Cayman subsidiary for tax efficiency. **Quantify Funds Files for 2X Daily Leveraged Crypto Asset ETF** The Quantify 2X Daily All Cap Crypto ETF will target 2X daily returns of a crypto portfolio currently including Bitcoin, Ether, Solana, and Ripple. The fund uses swaps, futures, options, and crypto ETPs to gain exposure, but does not directly hold crypto. Exposure is rebalanced monthly and may be routed through a Cayman subsidiary for tax efficiency. **Quantify Funds Files for 2X Leveraged Altcoin ETF Excluding Bitcoin** The Quantify 2X Daily Alt Season Crypto ETF is 2X daily leveraged ETF offering exposure to Ether, Solana, and Ripple—explicitly excluding Bitcoin. The fund uses swaps, futures, options, and ETPs for exposure, and may route investments through a Cayman subsidiary. It targets crypto-focused investors during potential “alt seasons,” with daily rebalancing and high volatility risk. **Quantify Files for 2X Leveraged “Alt Alt” Crypto ETF Focused on Solana & Ripple** The Quantify 2X Daily AltAlt Season Crypto ETF is a 2X daily leveraged ETF targeting Solana and Ripple, excluding Bitcoin and Ether to capitalize on “alt alt” season trends. The fund uses swaps, futures, options, and ETPs for exposure and may invest via a Cayman subsidiary. Daily rebalancing, high volatility, and short-term holding strategies are emphasized. **Bitwise Files for ETF Targeting Stablecoin and Tokenization Ecosystem** The Bitwise Stablecoin & Tokenization ETF will track the Bitwise Stablecoin and Tokenization Index, composed of firms and crypto ETPs tied to the growth of stablecoins and tokenized assets. The fund includes two sleeves: equities in relevant sectors and crypto ETPs tied to blockchain infrastructure. It uses a rules-based, tiered selection and rebalances quarterly. **Tuttle Capital Files for Meme Coin ETF with Options Income on Bonk** The Tuttle Capital Bonk Income Blast ETF will offer exposure to Bonk, a Solana-based meme coin, using deep-in-the-money calls, synthetic long positions, and a put spread overlay. The fund targets 100% upside exposure to Bonk and seeks weekly income from selling puts. Investments may flow through a Cayman subsidiary for tax efficiency. **Tuttle Capital Files for Litecoin ETF with Income-Focused Options Overlay** The Tuttle Capital Litecoin Income Blast ETF will offer exposure to Litecoin with a structured options overlay. The fund targets 100% upside via call options and synthetic positions while generating weekly income through put credit spreads. It may invest through a Cayman subsidiary and also hold bitcoin or ether-linked ETFs. **Tuttle Capital Files for SUI ETF with Options Overlay Strategy** The Tuttle Capital SUI Income Blast ETF will seek 100% upside exposure to SUI, a Layer 1 blockchain token, while generating weekly income through a put spread strategy. The fund uses deep-in-the-money calls and synthetic long positions for exposure and may invest through a Cayman subsidiary. It can also allocate to bitcoin or ether ETFs based on market conditions. **REX Shares Files for Leveraged Covered Call XRP ETF With Weekly Payouts** The REX XRPR Growth & Income ETF is an actively managed fund targeting 105–150% daily exposure to an XRP-focused ETF via swaps, options, and direct holdings. The fund also employs a covered call strategy to generate weekly income. Exposure is rebalanced daily based on technical analysis, and the fund is designed for active, short-term investors. **REX Plans Leveraged Weekly Income ETF Tied to Dogecoin** The REX DOJE Growth & Income ETF is an actively managed fund offering 105–150% daily exposure to a DOGE-focused ETF. It uses options and swaps for leverage and applies a covered call strategy to generate weekly income. Due to daily rebalancing and crypto volatility, the fund targets active, risk-tolerant investors. **REX Shares Files for 31 New T-REX 2X Daily Target ETF** REX Shares has filed for 31 new T-REX 2X Daily Target ETFs, each offering 2x leveraged daily exposure to individual stocks or digital assets. The underlying tickers include: ASST (Asset Entities), ABTC (American Blockchain), BNC (Bannix Acquisition), BTDR (Bitdeer Technologies), CANG (Cango), CAVA (Cava Group), CELH (Celsius Holdings), CHWY (Chewy), CLS (Celestica), CORZ (Core Scientific), DNUT (Krispy Kreme), EMPD (Empowered Funds), EOSE (Eos Energy), ETHM and ETHZ (Ethereum exposure), GPRO (GoPro), GTLS (Chart Industries), ICHR (Ichor Holdings), ICLR (ICON plc), IREN (Iris Energy), KSS (Kohl’s), MBLY (Mobileye), MEIP (MEI Pharma), NVTS (Navitas Semiconductor), OPEN (Opendoor Technologies), POOL (Pool Corporation), PTON (Peloton), SUIG (Strategic U.S. Infrastructure Growth), TMUS (T-Mobile), TONX (Tonix Pharmaceuticals), and VEEV (Veeva Systems). These leveraged ETFs are designed for active traders seeking amplified exposure to high-volatility names across various sectors. **REX Shares Files for Suite of T-REX 2x Leveraged Single-Stock ETFs** REX Shares has filed for seven T-REX 2x Daily Target ETFs offering leveraged exposure to individual stocks: DFDV (DeFi Development Corp.), FIGR (Figure Technology Solutions, Inc.), FMCC (Federal Home Loan Mortgage Corporation), FNMA (Federal National Mortgage Association), FORD (Forward Industries, Inc.), OCTO (Eightco Holdings Inc.), and VKTX (Viking Therapeutics, Inc.). Each fund seeks to deliver 200% of the daily price movement of its respective stock using swaps, options, and direct holdings, with daily rebalancing and high-risk, high-reward profiles. **GraniteShares Files for Fund-of-Funds ETF Targeting Weekly Income** The GraniteShares YieldBOOST Single Stock Universe ETF (YBST) will invest in its other YieldBOOST ETFs, which use put options on 2x leveraged ETFs to double income potential. The fund targets weekly payouts and may adjust holdings for tax-loss harvesting. Strategies include put writes and put spreads, with capped upside and full downside exposure. **GraniteShares Files for Income-Focused ETF Using YieldBOOST Options Strategy** The GraniteShares YieldBOOST TopYielders ETF (YBTY) is a fund-of-funds ETF aiming to pay weekly income by investing in affiliated YieldBOOST ETFs. These underlying ETFs use put options on 2x leveraged ETFs to generate enhanced premiums. The strategy involves capped upside, full downside risk, tax-loss harvesting, and monthly portfolio rebalancing. # U.S. ETF Ecosystem **SEC Approves Generic Listing Standards for Crypto ETFs, Paving Way for Wave of New Products** The SEC has approved new generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and NYSE, enabling faster approval and launch of spot crypto ETFs without the need for individual Rule 19b-4 filings. The move streamlines the process for listing ETFs tied to digital assets like Bitcoin, Ethereum, XRP, Solana, and others — provided they meet certain conditions, such as having six months of listed futures trading or significant ETF exposure. # Europe Weekly ETF Industry News # EU ETF Launches **Bellevue Launches Active Healthcare ETF via Waystone Platform** Bellevue Asset Management has launched the CARE ETF on SIX Swiss Exchange, listing on Deutsche Börse next. CARE holds 50–100 healthcare stocks selected through bottom-up research and has a 0.55% TER. Managed by Marcel Fritsch and Dr. Terence McManus, it leverages Waystone’s white-label ETF infrastructure. **Invesco Launches Systematic Active Europe Equity ETF** Invesco has introduced the Invesco Europe Enhanced Equity UCITS ETF (IQEA), its second entry in the systematic active ETF space. Listed across LSE, Deutsche Börse, Euronext Milan, and SIX with a 0.24% TER, IQEA targets outperformance of the MSCI Europe index using a factor model focused on value, quality, and momentum. The ETF is managed by Invesco’s Quantitative Strategies team and aims to deliver an “index-like experience” with active risk controls. **L&G Launches Europe’s First S&P 100 ETF on Major Exchanges** Legal & General debuted the L&G S&P 100 UCITS ETF (SP1), offering cap-weighted exposure to the top 100 US blue chips. Listed on LSE, Deutsche Börse, SIX, and Euronext Milan with a 0.15% TER, SP1 complements July’s equal-weighted version (SP1E), giving investors flexibility in US mega-cap exposure. **Infrastructure Capital and HANetf Launch Europe’s First Active Preferred Income ETF** Infrastructure Capital Advisors has partnered with HANetf to launch the Infrastructure Capital Preferred Income UCITS ETF (PFFI), Europe’s first actively managed ETF focused on US preferred securities. Listed on Deutsche Boerse with LSE and Borsa Italiana to follow, the ETF targets high-yield income from preferreds—hybrid instruments blending equity and debt traits. Managed by the $2.5bn New York firm behind PFFA in the US, PFFI aims to exploit rate and credit market dislocations, offering monthly distributions and a TER of 0.80%. **BlackRock Launches Europe’s First Country and Sector Neutral Equal Weight ETF** BlackRock has introduced the iShares MSCI World Sector & Country Neutral Equal Weight UCITS ETF (WEQW), the first ETF in Europe to provide equal-weight exposure to MSCI World constituents while preserving the sector and country allocations of the parent index. Listed on Euronext Amsterdam with a TER of 0.20%, WEQW holds 1,245 companies and reduces concentration risk from large-cap US tech stocks by equally weighting each sector-country group. The ETF aims to address valuation concerns tied to the dominance of the ‘Magnificent Seven’ in traditional cap-weighted indices. **UBS Launches Active Government Bond ETFs for US and Europe** UBS Asset Management has expanded its active ETF lineup with the debut of two government bond strategies: the UBS EUR Treasury Yield Plus UCITS ETF (CSHW) and UBS USD Treasury Yield Plus UCITS ETF (CHSY). Both ETFs aim to outperform their respective Bloomberg Treasury indices by incorporating high-quality supranational and agency bonds, using a blend of systematic and discretionary portfolio construction. Each has a TER of 0.15% and will be listed across major European exchanges. The move marks UBS’s growing push into Europe’s active ETF market. **Leverage Shares Launches 19 New ETPs, Expands Leveraged Offerings** Leverage Shares has listed 19 new ETPs on the LSE, including first-ever 3x leveraged products on Robinhood, Hims & Hers, and UnitedHealth. New exposures also include 5x FTSE 100, 3x FAANG+, and leveraged plays on Intel, ASML, and more. # EU ETF Planned Liquidations **JPMorgan to Liquidate Carbon Transition China Equity UCITS ETF** JPMorgan will liquidate its Carbon Transition China Equity UCITS ETF on October 24, 2025. Only transaction costs will be charged to the fund; other expenses will be covered by the manager. Asset sales may begin before the liquidation date to ensure an orderly wind-down. # EU ETF Update **Invesco Slashes Bitcoin ETP Fee to 0.10%, Undercuts Rivals** Invesco has cut the fee on its $410m Physical Bitcoin ETP (BTIC) to 0.10% until 31 December 2026, marking the lowest fee in the product class. The move intensifies an ongoing fee war among bitcoin ETP issuers, with rivals like BlackRock and WisdomTree offering temporary 0.15% rates expiring in 2025. # EU ETF Ecosystem **Nordea Taps J.P. Morgan to Service BetaPlus ETFs** Nordea Asset Management has appointed J.P. Morgan Securities Services to support its new BetaPlus ETF range with custody, fund accounting, transfer agency, and ETF basket services. The shift to ETFs reflects rising client demand for efficiency and transparency, while maintaining NAM’s active, sustainability-integrated approach. **Bourse Direct Connects to Euroclear for iETF Settlement** Bourse Direct has become the first French retail broker to establish a direct link with Euroclear Bank, the primary settlement hub for international ETFs (iETFs). The move streamlines ETF settlement and expands access for retail clients to a wider range of UCITS ETFs via Euroclear’s secure infrastructure. The iETF model, used by over 80% of European ETFs, consolidates liquidity across currencies and simplifies trading in both primary and secondary markets. Euroclear’s Sebastien Danloy said the partnership “supports long-term investment across Europe,” while Bourse Direct’s Catherine Nini highlighted the efficiency and reliability gains for clients amid growing retail demand for ETFs. **FCA Eases SDR Rules to Allow Passive Funds to Qualify for Sustainability Labels** The FCA will amend its Sustainability Disclosure Requirements (SDR) to enable index-tracking passive funds to qualify for sustainability labels. Previously, rules requiring fund managers to "select" sustainable assets excluded passive strategies. The revised guidance clarifies that passive managers can "invest in" assets meeting sustainability criteria without active selection. No UK passive funds qualified for a label in the first 16 months since SDR’s launch, raising concerns. However, hurdles remain, including the SDR’s demand for “absolute” sustainability measures—something many passive indices lack. The FCA also plans to allow more flexible sustainability reporting periods. **Kraken Launches 60 Tokenised US ETFs and Stocks for EU Investors** Kraken has introduced 55 tokenised US stocks and 5 ETFs—called xStocks—to EU investors, tradable 24/5 via Solana. ETFs include SPY, GLD, and VTI. Minimum investment is $1, with dividends reinvested. Kraken plans to expand to other blockchains and enable weekend trading soon. **Trade Republic Opens Private Market Access to Retail with Apollo and EQT** Trade Republic has partnered with Apollo and EQT to give EU retail investors fractional access to private markets from just €1. Investors can use savings plans and benefit from monthly liquidity via an internal marketplace. The move marks a shift toward wealth management and includes expansion into Poland. # Canada Weekly ETF Industry News # Canada ETF Launches **National Bank Investments Launches 19 New ETF and Hedged ETF Series** National Bank Investments (NBI) has launched ETF and Hedged ETF Series for 19 of its funds, now trading on the Toronto Stock Exchange. The offering includes equity, bond, small-cap, and target-date funds, along with hedged units of the NBI Active U.S. Equity ETF (NUSA.F). These ETFs provide broader access to NBI’s strategies with competitive fees and currency-hedged options for global exposure. **Evolve Launches BIGY: U.S. Equity ETF With Enhanced Yield** Evolve ETFs has introduced the US Equity UltraYield ETF (BIGY CN), investing in top U.S. stocks with a covered call strategy and up to 33% leverage. Designed for income-focused investors, BIGY offers cash distributions twice monthly. Management fee is 0.40%. # Canada ETF Updates **PICTON Launches ETF Units of Global Income Fund** PICTON Investments has launched ETF units of the PICTON Income Fund (PFIN CN), targeting total return through income and capital growth. The fund invests in B–BBB rated fixed income securities from developed markets and uses hedging strategies to help reduce downside risk. Management fee is 0.90%. # Canada ETF Filings **Manulife Files for Global Equity and Covered Call Bond ETFs** Manulife has filed for two ETFs: GEDG, a global equity fund using a blended investment process (0.50% fee), and BYLD/BYLD.B, a bond ETF-of-ETFs with a covered call overlay (0.45%/0.40% fee). BYLD aims to enhance yield through options while maintaining fixed income exposure. **JPMorgan Files for Active International Equity ETF in Canada** JPMorgan Canada has filed for the JPMorgan International Dynamic Active ETF (JIDE), targeting large- and mid-cap equities in developed markets outside North America. Actively managed with a bottom-up fundamental approach, JIDE will carry a 0.55% management fee. **Global X Files for China Tech, U.S. Treasury, and Silver ETFs** Global X plans four new ETFs: CHQQ CN (China tech via Hang Seng TECH Index, 0.55%), TLTX CN (20+ Year U.S. Treasuries, 0.18%), TSTX CN (1–3 Year U.S. Treasuries, 0.15%), and AGCC CN (Silver with covered call overlay, 0.60%). These filings expand Global X's lineup across tech, fixed income, and commodities. # Canada ETF Issuer Milestone **Hamilton ETFs Surpasses $10B in AUM** Hamilton Capital Partners announced its assets under management have exceeded $10 billion, marking a major milestone since the firm’s first ETF launch in 2016. Co-CEOs Jennifer Mersereau and Pat Sommerville credited the achievement to strong client support, innovation, and team dedication, adding they remain optimistic about future growth and opportunities.