ETFs

In this week's fund news, EQM Capital introduces new ETF model portfolios; IndexIQ's new thematic ETFs to benefit nonprofits; veteran hedge fund manager converts fund to mutual fund; and Valkyrie's bitcoin futures ETF starts trading.

IndexIQ is launching three new thematic ETFs geared toward socially-conscious investors, each partnering with a nonprofit, donating 10% of its management fee to the cause.

The Valkyrie Bitcoin Strategy fund will begin trading on the Nasdaq exchange under the ticker BTFD.

VanEck’s pending Bitcoin Strategy ETF (XBTF) will carry a management fee of 0.65%, undercutting the 0.95% expense ratio carried by the ProShares Bitcoin Strategy ETF (BITO).

Simeon Hyman, ProShares’ global investment strategist, spoke with WealthManagement.com about the asset manager's new Bitcoin futures ETF, why an investor would want to buy the ETF versus directly owning Bitcoin, and overcoming the challenge of...

PGIM Investments will acquire New York-based Green Harvest Asset Management, a direct indexing firm that uses ETF portfolios to track indices.

Investors compound rewards by leaning into both exposures.

The application to flip the $40 billion Grayscale Bitcoin Trust (GBTC) lands on the same day as the ProShares Bitcoin Strategy ETF (BITO) debuts, becoming the first exchange-traded fund in the U.S. investing in futures on the digital asset.

Bitcoin demand will exceed the inflows for QQQ, says Fundstrat Global Advisors' Tom Lee.