ETF News You Missed This Week - Sep. 15-19, 2025

U.S. ETF Launches

Active Equity Strategies

Lazard completed a mutual fund conversion into the Lazard US Systematic Small Cap Equity ETF (SYZ). The fund uses automated fundamental analysis to uncover overlooked U.S. small caps with the goal of long-term outperformance, while benefiting from ETF tax efficiency.

AllianceBernstein added to its lineup with the AB Active International Growth ETF (IGGY), an actively managed fund focused on quality non-U.S. companies, managed by a veteran team and supported by Jane Street as lead market maker.

Man Group entered the ETF market with its first standalone launches: the Man Active High Yield ETF (MHY) and Man Active Income ETF (MANI). Both focus on actively managed credit strategies, giving U.S. investors access to Man’s $42.7bn global credit platform.

MUFG and Clearbrook introduced the MUFG Japan Small Cap Active ETF (MJSC), the firm’s first U.S. ETF. Actively managed by Yoshitaka Nagano, it targets innovative Japanese small caps across 18 themes, benefiting from attractive valuations, improving governance, and Japan’s economic recovery.

City Different Investments launched the Global Equity ETF (CDIG), a concentrated portfolio of 20–30 U.S.-listed companies with a thesis-driven investment approach.

Dana Investment Advisors debuted two active ETFs: DUNK, focused on disruptive, high-conviction growth, and DIVE, which targets large-cap dividend payers. Both represent long-standing SMA strategies now offered in ETF format.

BlackRock converted two of its Global Allocation mutual funds into ETFs: the iShares Dynamic Equity Active ETF (BDYN) and iShares Disciplined Volatility Equity Active ETF (BDVL). These strategies bring the firm’s $50bn Global Allocation platform into the ETF structure.

Fixed Income and Target Maturity Strategies

Invesco expanded its BulletShares lineup with the BulletShares 2035 Municipal Bond ETF (BSMZ), a target-maturity muni fund set to liquidate around December 2035.

Vanguard entered high yield with its first dedicated junk bond ETF, the Vanguard High-Yield Active ETF (VGHY). Managed by its Fixed Income Group, it targets alpha through credit selection at a low 0.22% fee.

State Street launched two new MyIncome target-maturity bond ETFs: the SSGA My2035 Corporate Bond ETF (MYCO) and the SSGA My2031 Municipal Bond ETF (MYMK). Both distribute principal and liquidate in their maturity year.

Options and Income Strategies

NEOS rolled out the MSCI EAFE High Income ETF (NIHI), which invests in ETFs tracking MSCI EAFE IMI while writing call options on the index to generate tax-efficient monthly income.

GraniteShares launched the YieldBOOST AMD ETF (AMYY), which sells puts on 2x leveraged AMD ETFs to generate option income tied indirectly to AMD’s amplified performance.

Defiance introduced the Nasdaq 100 LightningSpread™ Income ETF (QLDY), the first U.S. ETF to distribute income twice a week, combining deep-ITM NDX calls with daily 0DTE option spreads. It also launched ETHI, a leveraged Ethereum ETF with a weekly income overlay, blending upside participation with cash flow.

Crypto and Digital Assets

Grayscale listed the Grayscale CoinDesk Crypto 5 ETF (GDLC), the first U.S. multi-asset crypto ETP, providing exposure to Bitcoin, Ether, XRP, Solana, and Cardano via the CoinDesk 5 Index.

REX-Osprey™ launched the first U.S. spot Dogecoin and XRP ETFs: the DOGE ETF (DOJE) and XRP ETF (XRPR). These expand the regulated spot crypto ETF universe for retail and institutional investors.

Leveraged and Single-Stock ETFs

REX expanded its T-REX lineup with multiple 2x daily leveraged ETFs: TTDU (Trade Desk), PXIU (Upexi), BKNU (Booking Holdings), AFRU (Affirm), AXUP (Axon), and KTUP (Kratos). Each provides amplified exposure to high-growth names in ad tech, e-commerce, defense, and fintech.

Leverage Shares introduced COTG, offering 2x daily leveraged exposure to Costco at a 0.75% expense ratio.

Tradr ETFs launched five 2x daily single-stock ETFs covering CleanSpark (CLSX), Credo Tech (CRDU), Enphase (ENPX), Goldman Sachs (GSX), and Unity Software (UX).

U.S. ETF Planned Liquidations

Defiance ETFs will close the Battleshares™ TSLA vs F ETF (ELON). Trading halts on October 6, with liquidation and final cash payouts completed by October 10.

U.S. ETF Filings

Quantitative and Factor-Based Equity

Argent Capital filed for two quant-driven large-cap strategies: the Argent Large Cap Growth ETF (multi-factor within Russell 1000 Growth) and Argent Large Cap Value ETF (quantitative selection in Russell 1000 Value).

Pacer filed for the ActiveAlpha India Quality ETF, a rules-based product selecting 20–30 Indian stocks using quality, value, and momentum screens from the Nifty 500 and Microcap 250 universes.

Income and Options Overlay

Simplify filed the Ancorato Target 25 Distribution ETF (XXV), an actively managed fund seeking an ambitious 25% annualized payout through short-duration Treasuries and complex put-spread strategies.

NEOS proposed a Long/Short Equity Income ETF combining a 120%/55% long-short book with SPX put-spread overlays to deliver monthly income.

Hartford filed for the Equity Premium Income ETF (HEMI), blending a U.S. equity portfolio with laddered weekly covered calls on SPY.

LOGIQ submitted the Contrarian Opportunities ETF (LCO), a flexible multi-asset contrarian strategy that may allocate up to 35% to cash and use options for income and hedging.

GraniteShares proposed two fund-of-funds—YBST and YBTY—both investing in its YieldBOOST ETFs to deliver weekly option-driven income.

Fixed Income Strategies

Cohen & Steers filed for two funds: the Short Duration Preferred and Income Active ETF (CSSD), focused on preferreds and hybrids with under-three-year duration, and the Infrastructure Opportunities Active ETF (CSIO), a high-conviction global infrastructure play with value tilt.

Columbia Threadneedle submitted three: the Columbia Corporate Bond ETF (IG focus, 3–10 year duration), the Columbia Core Plus Bond ETF (global bond flexibility with up to 20% HY), and the Columbia AAA CLO ETF (AAA-focused CLO exposure with derivative risk management).

New York Life filed the NYLI MacKay Muni Allocation ETF, an ESG-aware active muni strategy with flexibility for high yield and taxable muni exposure.

Crypto and Digital Assets

Defiance proposed two market-neutral arbitrage ETFs: the Bitcoin Basis Market Neutral ETF (NBIT) and Ethereum Basis Market Neutral ETF (DETH), both using cash-and-carry futures strategies.

Quantify Funds filed for a suite of leveraged crypto ETFs: the 2x Daily All Cap Crypto ETF, 2x Daily Alt Season Crypto ETF, and 2x Daily AltAlt Season Crypto ETF, targeting combinations of Bitcoin, Ether, Solana, and Ripple.

Bitwise submitted the Stablecoin & Tokenization ETF, tracking an index of equities and crypto ETPs tied to stablecoin growth and tokenized assets.

Tuttle Capital filed for three “Income Blast” ETFs tied to Bonk, Litecoin, and SUI, each using synthetic positions and weekly put-spread overlays.

REX Shares filed for leveraged crypto income ETFs: the XRPR Growth & Income ETF (XRP + covered calls) and DOJE Growth & Income ETF (DOGE + covered calls). It also filed for 31 new T-REX 2x ETFs across equities and digital assets, plus seven more focused on names like FMCC, FNMA, and Viking Therapeutics.

Thematic and Alternatives

Angel Oak filed the Whiplight ETF (IFCW), an actively managed thematic growth strategy with flexibility to invest globally and use hedging tools.

Tortoise Capital filed the Tortoise MLP ETF, a passive derivative-based vehicle tracking its proprietary MLP Index.

Global X filed the Commodity Strategy ETF, an actively managed long-biased commodity fund using futures and ETPs with trend and momentum overlays.

American Beacon filed the Ninety One International Franchise ETF, targeting global companies with strong brand equity.

Xtrackers proposed the Europe Market Leaders ETF, tracking a STOXX index of top 40 European firms by market share and innovation.

TrueMark filed two synthetic autocallable ETFs (PAYH, PAYM) tied to custom S&P 500 futures-based indices.

U.S. ETF Ecosystem

The SEC approved generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and NYSE. This structural change streamlines the process for launching spot crypto ETFs, eliminating case-by-case 19b-4 approvals for products tied to assets with established listed futures or significant ETF exposure. The move could unlock a new wave of Bitcoin, Ether, XRP, Solana, and other spot ETFs in the U.S.

In case we missed any, our partners Trackinsight got it covered with this full expanded Western ETF markets recap.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.