Global X has expanded its suite of covered call strategies with three new ETFs targeting the financials, health care, and information technology sectors of the S&P 500.

First Trust has launched a new ETF targeting US-listed stocks of companies operating in the aerospace and defense industry.

Hang Seng Investment Management has launched a renminbi-denominated share class for Hong Kong’s largest ETF, the HK$110 billion ($14.0bn) Tracker Fund of Hong Kong.

Strive Asset Management has introduced its second ETF, a broad US large-cap equity fund that carries the firm’s hallmark anti-ESG disposition.

Newly minted ETF issuer ConvexityShares has made its debut with the introduction of two funds that are aimed at helping sophisticated investors manage the volatility of US equities.

JP Morgan Asset Management has expanded its ‘BetaBuilders’ suite of low-cost, passively managed ETFs in Europe with the launch of a US small-cap equities fund.

Toronto-based Sprott Asset Management has launched a new physically backed gold ETF in the US with the fund’s underlying bullion holdings sourced exclusively from ethical miners and refiners.

State Street Global Advisors has introduced an emerging markets equity ETF in Europe as part of its suite of funds that are aligned with the carbon reduction goals of the Paris Agreement.

Rising interest rates, the expectation for further aggressive monetary tightening, and a strengthening US dollar have caused the price of gold to slump and investors to make significant redemptions from gold-backed ETFs.

Franklin Templeton has launched a low-cost physically backed gold ETF in the US with all underlying bullion holdings sourced from ethical miners and refiners.