Exchange-traded product

BMO ETFs Opens the Market

Retrieved on: 
Thursday, February 9, 2023

TORONTO, Feb. 9, 2023 /CNW/ - Kevin Gopaul, President of BMO ETFs, and guests joined Graham Mackenzie, Head of Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of six new ETFs: the BMO Covered Call Energy ETF (TSX: ZWEN), the BMO Covered Call Health Care ETF (TSX: ZWHC), the BMO Global Agriculture ETF (TSX: ZEAT), the BMO US Aggregate Bond Index (TSX: ZUAG) (TSX: ZUAG.F) (TSX: ZUAG.U) and the BMO US TIPS Index ETF (TSX: TIPS) (TSX: TIPS.F) (TSX: TIPS.U) and a new class of unit of BMO Growth ETF (TSX: ZGRO.T).

Key Points: 
  • TORONTO, Feb. 9, 2023 /CNW/ - Kevin Gopaul, President of BMO ETFs, and guests joined Graham Mackenzie, Head of Exchange Traded Products, Toronto Stock Exchange (TSX), to open the market and celebrate the launch of six new ETFs: the BMO Covered Call Energy ETF (TSX: ZWEN), the BMO Covered Call Health Care ETF (TSX: ZWHC), the BMO Global Agriculture ETF (TSX: ZEAT), the BMO US Aggregate Bond Index (TSX: ZUAG) (TSX: ZUAG.F) (TSX: ZUAG.U) and the BMO US TIPS Index ETF (TSX: TIPS) (TSX: TIPS.F) (TSX: TIPS.U) and a new class of unit of BMO Growth ETF (TSX: ZGRO.T).
  • BMO Exchange Traded Funds has been an ETF provider in Canada for more than 12 years, with over 100 strategies, over 25 per cent market share in Canada1, and $87.7 billion in assets under management.

Number of Crypto ETPs Grew 50% in 2022, Even as AUM Mirrored Drop in Cryptocurrency Prices

Retrieved on: 
Tuesday, January 17, 2023

For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.

Key Points: 
  • For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.
  • "Specific events, such as the bankruptcy of FTX, contributed to a fall in crypto prices and resultant AUMs."
  • Grayscale's Litecoin Trust (LTCN) launched in 2018, for example, grew more than 220x from an initial AUM of approx.
  • In the month of Dec., the AUM ETPs holding BTC dropped by 3% to $13.5 billion from $14 billion.

Number of Crypto ETPs Grew 50% in 2022, Even as AUM Mirrored Drop in Cryptocurrency Prices

Retrieved on: 
Tuesday, January 17, 2023

For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.

Key Points: 
  • For the month of Dec., the AUM of ETPs decreased by 5%, while the value of the cryptocurrency market dropped 8% to about $800 million.
  • "Specific events, such as the bankruptcy of FTX, contributed to a fall in crypto prices and resultant AUMs."
  • Grayscale's  Litecoin Trust (LTCN) launched in 2018, for example, grew more than 220x from an initial AUM of approx.
  • In the month of Dec., the AUM ETPs holding BTC dropped by 3% to $13.5 billion from $14 billion.

Teucrium Launches Teucrium AiLA Long-Short Agriculture Strategy ETF

Retrieved on: 
Tuesday, December 20, 2022

Teucrium Trading, LLC, the Sponsor of agricultural futures-based ETFs, announced that the Teucrium AiLA Long-Short Agriculture Strategy ETF (“OAIA” or “the Fund”) will begin trading on the New York Stock Exchange today under the ticker OAIA.

Key Points: 
  • Teucrium Trading, LLC, the Sponsor of agricultural futures-based ETFs, announced that the Teucrium AiLA Long-Short Agriculture Strategy ETF (“OAIA” or “the Fund”) will begin trading on the New York Stock Exchange today under the ticker OAIA.
  • OAIA allows investors to access a sophisticated, long-short strategy through a passively managed, liquid, and tax efficient fund.
  • “We are excited to partner with a top-tier technology and data analytics firm in OPALai, and to launch the Teucrium AiLA Long-Short Agriculture Strategy ETF,” said Jake Hanley, Managing Director and Senior Portfolio Strategist at Teucrium.
  • Teucrium Investment Advisors, LLC is an investment adviser in Burlington, Vermont and is a wholly owned limited liability company of Teucrium Trading, LLC.

EQM Indexes and Pinnacle Dynamic Funds Launch Focused Opportunities Index

Retrieved on: 
Tuesday, December 13, 2022

In collaboration with Springfield, Missouri-based Pinnacle Dynamic Funds , index development firm EQM Indexes LLC has launched a groundbreaking new index, the EQM Pinnacle Focused Opportunities Index (FCUSIDX).

Key Points: 
  • In collaboration with Springfield, Missouri-based Pinnacle Dynamic Funds , index development firm EQM Indexes LLC has launched a groundbreaking new index, the EQM Pinnacle Focused Opportunities Index (FCUSIDX).
  • The EQM Pinnacle Focused Opportunities Index employs a concentrated, rules-based process in an attempt to deliver replicable, risk managed, equity index outperformance over time.
  • Pinnacles Chief Investment Officer, Paul Carroll, says, We are excited to partner with EQM Indexes to launch this index product, and provide investors with this dynamic index strategy designed to help successfully navigate various market conditions.
  • The EQM Pinnacle Focused Opportunities Index (FCUSIDX or the Index) is an index of Pinnacle Family Advisors, LLC and is calculated and published by Solactive AG.

HKEX Welcomes Asia's First Crypto Asset ETFs

Retrieved on: 
Friday, December 16, 2022

HKEX Chief Operating Officer and Co-Head of Markets Wilfred Yiu said: "The two crypto asset ETFs listing today are an exciting addition to our increasingly large and diverse ETP ecosystem here in Hong Kong.

Key Points: 
  • HKEX Chief Operating Officer and Co-Head of Markets Wilfred Yiu said: "The two crypto asset ETFs listing today are an exciting addition to our increasingly large and diverse ETP ecosystem here in Hong Kong.
  • We look forward to welcoming more themed ETFs and more digital asset products to our markets in the months ahead."
  • As of November 2022, 168 ETPs were listed on HKEX, with a market capitalisation of HK$373.5 billion.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.

HKEX Welcomes Asia's First Crypto Asset ETFs

Retrieved on: 
Friday, December 16, 2022

HKEX Chief Operating Officer and Co-Head of Markets Wilfred Yiu said: "The two crypto asset ETFs listing today are an exciting addition to our increasingly large and diverse ETP ecosystem here in Hong Kong.

Key Points: 
  • HKEX Chief Operating Officer and Co-Head of Markets Wilfred Yiu said: "The two crypto asset ETFs listing today are an exciting addition to our increasingly large and diverse ETP ecosystem here in Hong Kong.
  • We look forward to welcoming more themed ETFs and more digital asset products to our markets in the months ahead."
  • As of November 2022, 168 ETPs were listed on HKEX, with a market capitalisation of HK$373.5 billion.
  • HKEX is a purpose-led organisation which, across its business and through the work of HKEX Foundation, seeks to connect, promote and progress its markets and the communities it supports for the prosperity of all.

Worldwide Crypto Based Exchange Traded Products AUM Dropped 17% in November

Retrieved on: 
Monday, December 5, 2022

The new ETPs listed did not affect the total metrics, that have a combined AUM of approx.

Key Points: 
  • The new ETPs listed did not affect the total metrics, that have a combined AUM of approx.
  • The ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).
  • The AUM of Ethereum (ETH) denominated ETPs decreased by 18%, while the cryptocurrency's price dropped by 23% to about $1,200 from almost $1,600.
  • Fineqia is building out its alternative finance business and holds a growing portfolio of blockchain, fintech and cryptocurrency technology companies worldwide.

Worldwide Crypto Based Exchange Traded Products AUM Dropped 17% in November

Retrieved on: 
Monday, December 5, 2022

The new ETPs listed did not affect the total metrics, that have a combined AUM of approx.

Key Points: 
  • The new ETPs listed did not affect the total metrics, that have a combined AUM of approx.
  • The ETPs include Exchange Traded Funds (ETFs) and Exchange Traded Notes (ETNs).
  • The AUM of Ethereum (ETH) denominated ETPs decreased by 18%, while the cryptocurrency's price dropped by 23% to about $1,200 from almost $1,600.
  • Fineqia is building out its alternative finance business and holds a growing portfolio of blockchain, fintech and cryptocurrency technology companies worldwide.

Iconic Rebrands to Deutsche Digital Assets

Retrieved on: 
Tuesday, November 15, 2022

FRANKFURT, Germany, Nov. 15, 2022 (GLOBE NEWSWIRE) -- The German crypto asset manager Iconic is pleased to announce the rebranding of its company, subsidiaries, and products to Deutsche Digital Assets (DDA).

Key Points: 
  • FRANKFURT, Germany, Nov. 15, 2022 (GLOBE NEWSWIRE) -- The German crypto asset manager Iconic is pleased to announce the rebranding of its company, subsidiaries, and products to Deutsche Digital Assets (DDA).
  • Since inception, Iconic has successfully diversified and scaled its product offerings while broadening its global footprint.
  • The rebranding brings greater clarity to our full suite of investment solutions which enables investors to build stronger and more diversified investment portfolios through an allocation to digital assets.
  • Deutsche Digital Assets is the trusted one-stop-shop for investors seeking exposure to crypto assets.