The explosive debut of the Purpose Bitcoin ETF (BTCC) happened in Canada, known for being out front in ETF product development.

In this week’s fund news, long-time active manager Putnam to launch ETFs, Cubs owner Tom Ricketts merges his bond broker with 280 CapMarkets, and iCapital, CAIA introduce a new alt investing education platform.

The head of RIA Morgan Creek Capital recently launched an ETF to diversify investments in the blank-check companies.

Ark already owns 10% or more of at least 24 companies, including Invitae Corp, Cerus Corp. and CRISPR Therapeutics.

QQQJ, whose biggest holdings include Roku and CrowdStrike Holdings, has absorbed about $343 million in inflows so far this year.

In this week’s fund news, investors flock to sustainable funds, ETF.com is sold, and advisors prefer a digital wholesaling relationship.

DFA's three ETFs have absorbed about $337 million so far in 2021.

Investors put $15 billion into broad/regional non-U.S. ETFs and $2.5 billion into country-specific ETFs since the start of 2021, according to CFRA’s First Bridge data.