ETF

First Trust Launches the FT Vest Dow Jones Internet & Target Income ETF (FDND)

Retrieved on: 
Thursday, March 21, 2024

First Trust Advisors L.P. (“First Trust” or “FTA”), a leading provider of exchange-traded funds (“ETFs”) and outcome-based strategies, today announced it has launched the FT Vest Dow Jones Internet & Target Income ETF (Cboe: FDND ) (the “fund”).

Key Points: 
  • First Trust Advisors L.P. (“First Trust” or “FTA”), a leading provider of exchange-traded funds (“ETFs”) and outcome-based strategies, today announced it has launched the FT Vest Dow Jones Internet & Target Income ETF (Cboe: FDND ) (the “fund”).
  • First Trust’s suite of Target Outcome ETFs has amassed approximately $18 billion in total net assets as of 2/29/2024.
  • FDND seeks to provide an alternative source of consistent income through a novel Target Income Strategy®, developed by Vest Financial LLC (“Vest”), sub-advisor to the fund and creator of Target Outcome Investments® and Target Income Strategies®.
  • The fund’s Target Income Strategy® seeks to increase total income for investors while participating in the potential price appreciation of the equities held in the fund.

NEOS Investments Announces March ETF Suite Distributions

Retrieved on: 
Thursday, March 21, 2024

NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces March monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.

Key Points: 

NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces March monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.

Kraken Unveils Qualified Custody Solution for Crypto in the US

Retrieved on: 
Wednesday, March 20, 2024

As per its charter, Kraken Financial holds all deposits in full-reserve, making it the natural service provider through which Kraken Institutional can offer qualified custody.

Key Points: 
  • As per its charter, Kraken Financial holds all deposits in full-reserve, making it the natural service provider through which Kraken Institutional can offer qualified custody.
  • Kraken Financial will house Kraken Custody, the secure custody offering for clients who want to store, manage and transfer crypto assets all from one interface.
  • “The state of Wyoming’s clear regulatory structure means Kraken Financial can offer qualified custody that fully meets institutions’ requirements,” said Trevor Rutar, CEO of Kraken Financial.
  • This makes Kraken Financial the ideal entity to offer custody in line with what institutions need to engage in the crypto asset-vertical.”
    Rutar continued: “Kraken is uniquely suited to provide qualified custody.

ProShares Launches Nasdaq-100 High Income ETF

Retrieved on: 
Wednesday, March 20, 2024

ProShares, a premier provider of ETFs, today launched the ProShares Nasdaq-100 High Income ETF (Nasdaq: IQQQ).

Key Points: 
  • ProShares, a premier provider of ETFs, today launched the ProShares Nasdaq-100 High Income ETF (Nasdaq: IQQQ).
  • However, conventional covered call ETFs often sacrifice total return to generate high income,” said ProShares CEO Michael L. Sapir.
  • “IQQQ, the first Nasdaq-100 ETF powered by a daily call options strategy, offers investors both the potential for high income and a long-term total return approximating that of the Nasdaq-100.”
    Covered call ETFs have attracted more than $78 billion in assets.1 ProShares pioneered the use of a daily call options strategy in an ETF with ProShares S&P 500 High Income ETF (ISPY), launched in December 2023.
  • ProShares Nasdaq-100 High Income ETF (IQQQ) seeks investment results, before fees and expenses, that track the performance of the Nasdaq-100 Daily Covered Call Index (the “Index”).

RBC iShares Launches Three New Bond ETFs on Cboe Canada

Retrieved on: 
Wednesday, March 20, 2024

Cboe Canada Inc. (“Cboe Canada”) is pleased to welcome RBC iShares as they launch three new ETF series of existing RBC Fixed Income Pools today.

Key Points: 
  • Cboe Canada Inc. (“Cboe Canada”) is pleased to welcome RBC iShares as they launch three new ETF series of existing RBC Fixed Income Pools today.
  • The ETFs are now listed and trading on Cboe Canada under the symbols RCOR , RPLS , and RCNS , respectively, and are managed by RBC Global Asset Management Inc. (“RBC GAM”).
  • “We’re incredibly excited to expand our collaboration with RBC iShares as they advance the Canadian ETF landscape and provide investors with finely tuned investment solutions.”
    RBC iShares’ three new bond funds join nine other RBC ETFs already listed on Cboe Canada.
  • RBC iShares ETFs are comprised of RBC ETFs and ETF Series of RBC Funds managed by RBC Global Asset Management Inc. and iShares ETFs managed by BlackRock Asset Management Canada Limited ("BlackRock Canada").

Enterprise Ethereum Alliance Announces New Leadership and Vision

Retrieved on: 
Tuesday, March 19, 2024

The Enterprise Ethereum Alliance (EEA) , the leading global community for enterprise blockchain, today announced the appointment of new leadership and a renewed vision for the future of the alliance at the intersection of the Ethereum ecosystem and enterprise.

Key Points: 
  • The Enterprise Ethereum Alliance (EEA) , the leading global community for enterprise blockchain, today announced the appointment of new leadership and a renewed vision for the future of the alliance at the intersection of the Ethereum ecosystem and enterprise.
  • Rhodes expressed the goals for the convening, which showcased the latest developments and innovations in the Ethereum for enterprise blockchain space, as well as to foster collaboration and engagement among the EEA community.
  • Rhodes praised Paul, Karen and Vanessa for their expertise, vision, and dedication to the EEA and the enterprise blockchain industry.
  • The EEA is the industry's leading global community for enterprise blockchain working with an open, standards-based architecture and specification to accelerate the adoption of Enterprise Ethereum.

Hartford Funds Expands Systematic ETF Business

Retrieved on: 
Tuesday, March 19, 2024

Hartford Funds, a leading global asset manager, is reaffirming its strong commitment to systematic investing with the expansion of its systematic ETF product suite, including today’s launch of the Hartford Multifactor International Small Company ETF (Cboe: ROIS), which is designed to gain efficient exposure to the small cap international equity market while seeking to reduce volatility through the application of key systematic factors.

Key Points: 
  • Hartford Funds, a leading global asset manager, is reaffirming its strong commitment to systematic investing with the expansion of its systematic ETF product suite, including today’s launch of the Hartford Multifactor International Small Company ETF (Cboe: ROIS), which is designed to gain efficient exposure to the small cap international equity market while seeking to reduce volatility through the application of key systematic factors.
  • This latest product launch follows the introduction of the Hartford US Value ETF (Cboe: VMAX) and Hartford US Quality Growth ETF (Nasdaq: HQGO) in December 2023, after the firm debuted its first systematic ETF product in 2015.
  • “As we embark on this journey of evolving and expanding our ETF suite, it’s imperative that our investment options help meet the diverse needs of our clients,” said Brian Kraus, Senior Vice President for Systematic ETFs at Hartford Funds.
  • Hartford US Value ETF [Cboe: VMAX] and Hartford US Quality Growth ETF [Nasdaq: HQGO]
    VMAX and HQGO are designed to meet strong investor demand for Systematic Large Value and Large Growth ETFs, respectively.

 Hashnote Partners with CoinDesk Indices to Launch the Hashnote CoinDesk 20 Fund, Providing Access to the Leading Digital Asset Class Benchmark

Retrieved on: 
Tuesday, March 19, 2024

This collaboration introduces the Hashnote CoinDesk 20 Fund, designed to track the CoinDesk 20 Index (CD20), a highly traded, global digital asset benchmark.

Key Points: 
  • This collaboration introduces the Hashnote CoinDesk 20 Fund, designed to track the CoinDesk 20 Index (CD20), a highly traded, global digital asset benchmark.
  • *
    “Launching the Hashnote CoinDesk 20 Fund marks a pivotal step in providing investors with a regulated avenue to the digital assets market.
  • Simultaneously, Bullish , the fastest-growing regulated digital asset exchange, launched a new perpetual futures contract based on the CoinDesk 20 Index.
  • Hashnote will now provide regulated and compliant access to the CoinDesk 20, catering to investors seeking digital asset diversification beyond bitcoin.

BlackRock Broadens Outcomes Suite with Equity BuyWrite ETFs

Retrieved on: 
Friday, March 15, 2024

BlackRock today announced the launches of the iShares S&P 500 BuyWrite ETF (Cboe: IVVW ) and the iShares Russell 2000 BuyWrite ETF (Cboe: IWMW ), which seek to generate an attractive monthly income and help investors diversify their income sources.

Key Points: 
  • BlackRock today announced the launches of the iShares S&P 500 BuyWrite ETF (Cboe: IVVW ) and the iShares Russell 2000 BuyWrite ETF (Cboe: IWMW ), which seek to generate an attractive monthly income and help investors diversify their income sources.
  • The Funds expand BlackRock’s outcome-oriented strategies, joining a lineup which includes fixed income BuyWrite and buffer ETF strategies, among others.
  • “These equity BuyWrite ETFs simplify access to a well-known options strategy for investors seeking to capture enhanced income opportunities in the US equity market.
  • Alongside our fixed income BuyWrite ETFs, investors now have an expanded toolkit to diversify their income sources.”

iSectors® CryptoBlock® Allocation Model Reaches 3-Year Milestone

Retrieved on: 
Wednesday, March 13, 2024

The iSectors® CryptoBlock® Allocation, with a three-year track record, is an allocation model uniquely positioned to take advantage of the continuous and rapid evolution of Bitcoin and the blockchain landscape.

Key Points: 
  • The iSectors® CryptoBlock® Allocation, with a three-year track record, is an allocation model uniquely positioned to take advantage of the continuous and rapid evolution of Bitcoin and the blockchain landscape.
  • The goal of the iSectors® CryptoBlock® Allocation model is to give investors access to Bitcoin and the groundbreaking technological advancements in the digital economy.
  • The iSectors® CryptoBlock® Allocation aims to create investment exposure between spot Bitcoin ETFs and blockchain-related ETFs in a balanced manner.
  • For more information on iSectors® and the iSectors® CryptoBlock® Allocation , please visit us at www.iSectors.com .