The U.S. Securities and Exchange Commission cleared the way for Dimensional Fund Advisors to launch an exchange-traded fund share class on 13 of its existing mutual funds, according to a notice on the regulator's website late on Monday afternoon.
Retail investors are showing signs of waning confidence in the U.S. stock market's ability to rebound, with market data and analysts' observations both indicating an ebb in their enthusiasm about buying dips.
21shares launched its first exchange-traded funds tracking the price of a basket of cryptocurrencies, including ethereum, solana and dogecoin, for U.S. investors, the Swiss-based digital assets manager said on Thursday.
Crypto firm Bitwise Asset Management's successful push to launch the first U.S. spot Solana ETF while the Securities and Exchange Commission was shut down has upended the regulatory playbook and forced competitors to rethink their product plans, said industry executives.
Investors in pure-play quantum computing stocks are grappling to value these futuristic companies, making prices highly volatile for the latest hot trend on Wall Street.
Canary Capital plans to launch the first U.S. exchange-traded products tied to the litecoin and hedera cryptocurrencies on Tuesday, the firm told Reuters, forging ahead despite a government shutdown that has hobbled the U.S. securities regulator.
The U.S. exchange-traded fund market is churning out new products at an unprecedented clip, creating concerns about a bubble developing - causing some investors to become more selective about which funds to support and question how many can survive.
The U.S. Securities and Exchange Commission told Reuters that it was "unclear" whether the dozens of recent filings by asset managers to issue highly leveraged ETFs would be approved by the agency.
Large-scale selling of leveraged exchange-traded funds contributed significantly to Friday's U.S. stock market rout, according to a report published late on Sunday by JPMorgan's Americas equities derivatives strategy team.
The TXSE said on Tuesday that the SEC has approved its application to launch a new stock exchange, clearing the way for the Dallas-based Texas Stock Exchange to begin trading stocks and exchange-traded products by early 2026.
The U.S. Securities and Exchange Commission paved the way on Monday for an asset manager to add exchange-traded share classes to mutual funds, a move expected to kick-start approvals for dozens of applicants, spark more ETFs and make the products more accessible to retail investors.