Combating climate change and boosting green energy is a key aspect of Biden’s plan, with $174 billion in proposed funding for electric vehicles and a 10-year extension for tax credits that have aided wind, solar and other renewable-energy projects.
The actively managed ARK Space Exploration ETF (ARKX) tracks U.S. and global companies engaged in space exploration and innovation
Guinness Atkinson Funds announced it had converted two of its mutual funds into the SmartETFs Dividend Builder (DIVS) and SmartETFs Asia Pacific Dividend Builder (ADIV).
Twelve months after two American Century products became the first to launch in the U.S., the 24 funds now in existence have lured about $1 billion in flows.
In this week's fund news, SPDR’s head of research, Matthew Bartolini, uses the GME frenzy as a case study for ETFs’ effectiveness; the Mooch and Fidelity file for Bitcoin ETFs; and iShares and State Street slash ETF fees.
The Wise Origin Bitcoin Trust would use underlying prices from exchanges that include Bitstamp, Coinbase, Gemini, itBit and Kraken.
ARK Investment and clean energy funds were among those posting the best returns over the past three years.
A year old on March 31, the first actively managed ETFs now hold $1.4 billion in assets. A recent study highlights ample room to grow.