Michael Green, a known critic of passive investing, is joining Simplify Asset Management, a $274 million issuer of ETFs as chief strategist and portfolio manager.
President Joe Biden will propose almost doubling the capital gains tax rate to 39.6% for those earning $1 million or more, an increase from the current base rate of 20%.
These 20 ETFs saw the most action over the past 30 days.
While active ETFs represent just 3.5% of the U.S. listed ETF universe, they are increasingly being viewed as sound investments.
The World Health Organization said cases are rising in all regions except Europe, with the largest increase last week seen in Asia as India battles its biggest wave.