Lyxor has reduced the total expense ratio of the Lyxor Nasdaq-100 UCITS ETF from 0.30% to 0.22%, making it the cheapest UCITS ETF in Europe for this exposure.

VictoryShares has launched an ETF that provides exposure to stocks that are next in line for inclusion in the Nasdaq-100 Index.

WisdomTree has introduced sterling-denominated share classes for three crude oil ETCs listed on the London Stock Exchange. Previously only tradable on the LSE in USD, the new GBP trading lines provide sterling-based investors with exposure to futures contracts on Brent and WTI crude oil benchmarks.

CSOP Asset Management has unveiled a new ETP in Hong Kong providing leveraged exposure to the NASDAQ 100. The CSOP NASDAQ – 100 Index Daily 2x Leveraged Product (7266 HK) has listed on Hong Kong stock exchange and comes with an expense ratio of 1.99%. The ETP uses derivatives to provide twice the daily return of the index.

Invesco has announced that QQQ, the firm’s flagship ETF, has surpassed $100 billion in assets under management courtesy of robust investor inflows and impressive market performance. The fund has sustained positive month-on-month inflows throughout the Covid-19 crisis while its underlying Nasdaq 100 Index has rebounded strongly from the February-March rout.

ETF Managers Group (ETFMG), Nasdaq, and PureShares have agreed on a settlement that resolves two lawsuits pertaining to the alleged theft of several exchange-traded funds including the world’s first dedicated cybersecurity ETF now known as the ETFMG Prime Cyber Security ETF (HACK US).

Cloud computing companies have emerged as big winners from the Covid-19 pandemic with ETFs providing exposure to the sector notching up gains of 33% on average since 16 March, compared to 19% for the S&P 500.

Innovator Capital Management has launched four new ETFs in the US, expanding the firm’s range of ‘defined outcome’ funds. The ETFs are all so-called “Power Buffer” funds which provide protection against the first 15% of losses over a period of approximately one year. They are based on US equity (Nasdaq 100 and Russell 2000), global developed (MSCI EAFE), and emerging markets (MSCI Emerging Markets) indices.

Horizons ETFs Canada has lowered the total cost of ownership of the Horizons Nasdaq 100 Index ETF (HXQ CN) by switching the fund’s replication method from synthetic to direct physical replication. Following the change, the fund is now the cheapest ETF in the country to provide exposure to the pre-eminent large-cap growth index.

A US district court has ruled in favour of Nasdaq in a civil lawsuit against white-label provider ETF Managers Group (ETFMG) over the appropriation of several ETFs including a highly profitable thematic cybersecurity fund now known as the ETFMG Prime Cyber Security ETF (HACK US). ETFMG has been ordered to pay nearly $80 million in compensation and punitive damages.