Elliott’s Unlimited, which focuses on alternative investments, is planning to launch eight exchange-traded funds that aim to replicate the returns of styles such as equity long-short, global macro and low beta.
Investors are essentially betting against swings in share prices, with demand so hot that funds like JEPI and QYLD keep drawing in money despite subpar returns.
The US Securities and Exchange Commission needs to come to a conclusion on the Bitwise Bitcoin ETP Trust by Sept. 1, and decisions for applications from BlackRock, VanEck, WisdomTree and Invesco are due just a day later.
The SEC had until Aug. 13 to say whether it would approve, reject or delay on coming to a decision.
Four ways to help clients navigate uncertainty.
Nearly 30 new ETFs debuted in July.
A spot-Bitcoin ETF does not currently exist in the US and regulators have, in the past, been loath to approve one.
Zephyr Market Strategist Ryan Nauman discusses how SMAs can free up more of a wealth manager's time and enhance the client experience.
