ETF Industry KPIs – 10/21/2024

• The total number of US ETFs has risen to 3,811.

Our Toroso ETF Industry Index, which tracks companies generating revenue from the ETF ecosystem, rose 2.84% last week, outperforming the S&P Financial Select Sector Index, which rose by 2.44%.

ETF activity from the past week includes:

• Bitcoin ETF Spin-offs Continue:STKD, short for Stacked, launched STKD Bitcoin & Gold a new ETF, seeking to provide 100% exposure to both bitcoin and gold strategies for every dollar invested. The bitcoin strategy focuses on price returns through bitcoin futures and ETPs, while the gold strategy targets gold price returns via investments in gold futures and ETPs.The NEOS Bitcoin High Income ETF (BTCI) combines bitcoin exposure with a covered call strategy designed to benefit from high volatility. For investors with a risk tolerance for bitcoin, BTCI offers the potential for enhanced returns through high income generation. The fund actively manages its portfolio, investing in bitcoin ETPs, bitcoin futures ETFs, and options contracts, while using a covered call strategy to generate monthly income.
• BlackRock to rebrand ETFs into iShares: BlackRock Inc. will rebrand 22 of its 26 active ETFs under the iShares name. According to a recent SEC filing, this change will integrate the affected funds into BlackRock’s broader iShares lineup, which already includes 420 ETFs.

ETF Launches

NEOS Bitcoin High Income ETF (ticker: BTCI)
STKD Bitcoin & Gold ETF (ticker: BTGD)
Virtus KAR Mid-Cap ETF (ticker: KMID)
Ned Davis Research 360 Dynamic Allocation ETF (ticker: NDAA)

ETF Closures

VanEck Dynamic High Income ETF (ticker: INC)

Fund/Ticker Changes

BlackRock Future US Themes ETF (ticker: BTHM)
became iShares U.S. Thematic Rotation Active ETF (ticker: THRO)

BlackRock Short-Term CA Muni Bond ETF (ticker: CALY)
became iShares Short-Term CA Muni Active ETF (ticker: CALI)

TETF.Index Performance vs. S&P Financial Select Sector Index
(as of October 18, 2024)

TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through October 18, 2024)