ETF launches within the U.S. didn’t decelerate in August regardless of the summer time vacation season. In line with CFRA’s FUNDynamix ETF information platform, there have been 40 new ETFs listed within the U.S. within the month. Eight of them had been within the fast-growing buffer ETF class. With these latest launches, there at the moment are 293 buffer ETFs listed in the US. Different listed ETF launches embrace the VanEck Fabless Semiconductor ETF (SMHX) and the Xtrackers Synthetic Intelligence And Massive Information ETF (XAIX), that are within the semiconductor and robotics classes.
Simply over half of the brand new launches had been lively ETFs, with 5 new corporations getting into the ETF trade. Jensen entered the ETF area with an lively high quality progress ETF (JGRW). Fellow new entrant Octane Investments launched an all-cap worth power ETF (OCTA), and Rockefeller entered with three municipal bond ETFs. Two further new corporations within the ETF trade in August 2024 had been Twin Oak and TappAlpha. With the entry of those new gamers, there at the moment are 326 ETF issuers in the US.