‘ ProShares ’

USCF to close three commodity ETFs

Aug 9th, 2018 | By
USCF Commodity ETFs ETPs

United States Commodity Funds (USCF) has announced that it is closing and liquidating three sub-scale ETFs. The ETFs slated for closure provide exposure to a broad basket of agriculture-based futures, the inverse performance of WTI crude oil, and diesel-heating oil.

SEC again rejects Winklevoss twins’ bitcoin ETF

Jul 27th, 2018 | By
SEC rejects Winkelvoss twins’ bitcoin ETF

The US Securities and Exchange Commission (SEC) has again rejected the Winklevoss twins’ application to list a bitcoin-backed ETF, citing ongoing concerns over market manipulation.

Amplify’s flagship ETF surpasses $500m in assets

Jul 19th, 2018 | By
Christian Magoon, CEO of Amplify ETFs.

Amplify ETFs has announced its flagship fund, the Nasdaq-listed Amplify Online Retail ETF (IBUY US), has reached $500m in assets under management since its launch in April 2016. Christian Magoon, founder and CEO of Amplify ETFs, said, “We knew when we launched IBUY in April 2016 it had potential to be disruptive. Now with more than $500 million in assets and positive performance we feel investors have affirmed IBUY’s position as a bellwether ETF for the evolving retail sector.”

ProShares launches online retail ETF on NYSE Arca

Jul 16th, 2018 | By
ProShares adds online retail ETF to thematic suite

ProShares has launched the ProShares Online Retail ETF (ONLN US), enabling investors to participate in the continued upside of the online retail theme. Listed on NYSE Arca, the passively managed ETF invests in companies principally selling online or through other non-physical channels, such as mobile or app. “Rather than investing in an individual company, investors can now get exposure to Amazon, Alibaba and other global leaders in online retail with a single ticker: ONLN,” said Michael Sapir, co-founder and CEO of ProShare Advisors.

Global ETF/ETP AUM back above $5 trillion mark

Jun 15th, 2018 | By
Fixed income ETFs to play greater role in portfolios, finds Tabula

Assets invested in ETFs and ETPs listed globally have returned back above the $5 trillion mark, as of 31 May 2018, according to ETF industry consultant ETFGI.

VanEck files for physically backed bitcoin ETF

Jun 13th, 2018 | By
VanEck is awaiting approval from the SEC for its physically-backed bitcoin ETF.

VanEck has partnered with blockchain company SolidX to propose a physically backed bitcoin ETF that would be insured against loss or theft of bitcoin. The two companies filed a joint request with the US Securities and Exchange Commission (SEC) for approval of the fund, which is currently under review.

ProShares launches first S&P 500 bond ETF

May 5th, 2018 | By
ProShares launches first S&P 500 bond ETF

ProShares has launched the ProShares S&P 500 Bond ETF (SPXB US) on NYSE Arca, providing exposure to investment-grade corporate bonds issued by members of the blue-chip S&P 500 equity index. Michael Sapir, co-founder and CEO of ProShare Advisors, the advisor to ProShares, commented, “The S&P 500 served as the basis for the first ETF over 25 years ago. Today’s launch of a bond ETF tied to the S&P 500 is another important moment in the evolution of ETFs.”

Cboe Vest launches option-enhanced S&P 500 ‘dividend aristocrats’ ETF

Mar 28th, 2018 | By
Roundhill launches US ‘Dividend Monarchs’ ETF

Cboe Vest, the asset management arm of exchange operator Cboe Global Markets, has launched the Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG US), combining a well-recognised dividend growth strategy with a dynamic covered-call options overlay.

Global ETF inflows lowest for 21 months, finds ETFGI

Mar 12th, 2018 | By
Middlefield rolls out three dividend-focused ETFs on TSX

ETFs and ETPs gathered $12.4 billion globally in net inflows during February, the lowest monthly amount since May 2016 when net inflows were $10.5bn, according to ETFGI. The relatively subdued flows are a far cry from January – a bumper month for the industry – when ETFs experienced their highest monthly net inflows on record, pulling in $100.6bn.

ProShares reduces VIX ETFs’ exposures following volatility blow-up

Feb 28th, 2018 | By
ProShares VIX ETFs reduce exposures following volatility blow-up

ProShares has reduced the degree of exposure underlying its two VIX-related ETFs following rapid, large swings in the products’ values during the equity market sell-off in early February.