In this week's fund news, Ritholtz and WisdomTree launch the RWM WisdomTree Crypto Index, Thrivent gets into the ETF business, Apollo moves further into wealth management, and the first NFT-focused ETF comes to market.
SEC Chair Gary Gensler said that even though non-U.S. regulators have approved a spot ETF, the SEC’s decision wouldn’t be influenced by that.
Ritholtz Wealth Management teamed up with WisdomTree Investments Inc. to unveil the RWM WisdomTree Crypto Index.
U.S.-listed ETFs gathered $800 billion of new money in the first 11 months of 2021, continuing to obliterate the prior record of $504 billion set in 2020.
State Street’s move makes its funds cheaper than similar products from competitors.
Defiance ETFs is launching the Defiance Digital Revolution ETF (NFTZ), which will track a blockchain-related-companies and non-fungible-token index.
Over the past 30 days, these funds lost the most money.