The acquisition marks one of the first major purchases of an ETF provider by a US crypto trading platform.
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Soon, ETF shareholders may opt for proxy policies that could support (or oppose) issues like the $1 trillion Tesla pay package for Elon Musk.
Some of the largest S&P 500-based funds lost billions this year as institutional investors sought out cheaper alternatives.
Asset managers have repurposed sustainable funds amid a pullback from them in the US. This change is more substantial than most.
Tokenized securities are moving closer to a reality as issuers make plans to bring more assets and funds on-chain.
The firm has waited until now to expand its US product line as sales trends are favoring ETFs over many mutual funds.
Low-fee products tracking indexes have outperformed their higher-fee ETF counterparts and have raked in assets.
It may not be an ideal time for high-yield corporate bonds, but State Street is filling out its target-maturity suite with several new ETFs.
The company is reportedly considering adding third-party products to its brokerage,, but Vanguard said it hasn’t made any decisions.
The company, whose parent is the personal finance publisher, would add 15 ETFs to its existing line of six.
ETF uptake varies significantly across generations. This gap presents a major growth opportunity for the industry.
The Federal Reserve’s decision may not have been a surprise, but ripple effects are already being felt across the industry.
The New York-based firm is planning to launch some of the first tokenized ETFs, according to a report.
The company filled a hole in its fixed-income ETF line — but the timing may not be ideal, given relatively low yields in junk bonds relative to Treasurys, one observer said.
Reckoner Capital Management, which added its Leveraged AAA CLO ETF in July, has aspirations of building out a global credit business.
As new ETFs launch at breakneck speed, expensive products are raking in revenue.