ETF lineup sees significant churn so far in 2024 with 120 launches and 63 closures

seekingalpha03-28

Through the first quarter of 2024, the exchange traded fund market has watched its family grow, although the market has also experienced a larger-than-usual churn. Twice the number of new fund ...

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Twice the number of new fund ...</p>\n\n<a href=\"https://seekingalpha.com/news/4084565-2024-has-seen-120-etf-launches-and-63-closures\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ETF lineup sees significant churn so far in 2024 with 120 launches and 63 closures</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nETF lineup sees significant churn so far in 2024 with 120 launches and 63 closures\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-28 02:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4084565-2024-has-seen-120-etf-launches-and-63-closures><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Through the first quarter of 2024, the exchange traded fund market has watched its family grow, although the market has also experienced a larger-than-usual churn. Twice the number of new fund ...</p>\n\n<a href=\"https://seekingalpha.com/news/4084565-2024-has-seen-120-etf-launches-and-63-closures\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MSFX","symbol_name":"T-REX 2X LONG MICROSOFT DAILY TARGET ETF","start_time":0,"source_url":"https://seekingalpha.com/news/4084565-2024-has-seen-120-etf-launches-and-63-closures","article_id":"2422448349","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1925320241/image_1925320241.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2422448349","pubTimestamp":1711563312,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Through the first quarter of 2024, the exchange traded fund market has watched its family grow, although the market has also experienced a larger-than-usual churn. Twice the number of new fund launche","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MSFX":"T-REX 2X LONG MICROSOFT DAILY TARGET ETF","GOOX":"T-REX 2X LONG ALPHABET DAILY TARGET ETF","CHIK":"Global X MSCI China Information Technology ETF","CHIH":"Global X MSCI China Health Care ETF","BRRR":"Valkyrie Bitcoin Fund","BTCO":"Invesco Galaxy Bitcoin ETF","VR":"GLOBAL X METAVERSE ETF","AAPX":"T-Rex 2X Long Apple Daily Target ETF","CHII":"中国工业指数ETF-Global X","BK4550":"红杉资本持仓","MAGQ":"ROUNDHILL DAILY INVERSE MAGNIFICENT SEVEN ETF","BK4588":"碎股","EZBC":"Franklin Bitcoin ETF","HODL":"VanEck Bitcoin Trust ETF","THCX":"Innovation Shares Cannabis ETF","BK4585":"ETF&股票定投概念","CHIS":"Global X MSCI China Consumer Staples ETF","MAGX":"ROUNDHILL DAILY 2X LONG MAGNIFICENT SEVEN ETF","BK4594":"比特币ETF概念","IBIT":"iShares Bitcoin Trust","CHIM":"中国原材料指数ETF-Global X","CHB":"Global X China Biotech Innovation ETF","CHIU":"Global X MSCI China Utilities ETF","POTX":"Global X Cannabis ETF","FBTC":"Fidelity Wise Origin Bitcoin Fund","CHIE":"中国能源指数ETF-Global X","FDN":"First Trust Dow Jones Internet I","ARKB":"ARK 21Shares Bitcoin ETF"},"translate_title":"到目前为止，ETF阵容在2024年将出现重大变动，推出120只，关闭63只","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHIU":1,"VR":1,"THCX":1,"POTX":1,"MSFX":1,"MAGX":1,"MAGQ":1,"IBIT":1,"HODL":1,"GOOX":1,"FDN":1,"FBTC":1,"EZBC":1,"AAPX":1,"CHIS":1,"CHIM":1,"CHIK":1,"CHII":1,"CHIH":1,"CHIE":1,"CHB":1,"BTCO":1,"BRRR":1,"BTCmain":0.9,"XBTmain":0.9,"ARKB":0.63},"content_text":"Through the first quarter of 2024, the exchange traded fund market has watched its family grow, although the market has also experienced a larger-than-usual churn. Twice the number of new fund launches have taken place compared to those that have closed up shop. Meanwhile, the numbers of both launches and closures are well above the previous couple years. So far this year, ETF issuers have launched a total of 120 new ETFs. This was a step up from the pace that was observed back in 2023 and 2022, when issuers launched 75 and 96 funds, respectively. Looking at the closure side of the equation, ETF shops discontinued 63 total ETFs so far in Q1. This figure is significant, coming in well above the closures that 2023 saw up to this point in the year. At the same time, the figure is more than triple what was seen in 2022. In 2023, 38 ETFs closed up at this point in the year. In 2022, that figure was 18. Popular ETFs launched in 2024 include a group of Bitcoin (BTC-USD) funds, along with a couple of Magnificent 7-focused ETFs. Meanwhile, single-stock performance-based ETFs have also been a critical theme. See some of the launches in 2024 below: Bitcoin ETFs: (NYSEARCA:GBTC), (NASDAQ:IBIT), (NASDAQ:BRRR), (BATS:ARKB), (BTCO), (HODL), (BTXW), BITB), (FBTC), and (EZBC). Magnificent 7 ETFs: (MAGX) and (MAGQ). Single Stock ETFs: (MSFX), (AAPX), and (GOOX). From a closure perspective, Wall Street watched some notable thematic cannabis and metaverse ETFs close up, along with geographically focused China ETFs. See some of the closures in 2024 below: Cannabis ETFs: (THCX) and (POTX). Metaverse ETF: (VR). China ETFs: (CHIH), (CHB), (CHIU), (CHIM), CHIX), (CHIK), (CHIS), (CHII), and (CHIE). ETF launch and closure data is per ETF.com.   More on Markets  Computer hardware is the top Q1 industry performer but is shunned by benchmark indices BTIG is bullish on Amazon, saying the stage is set for a move above $200 We think the U.S. avoids a recession in 2024 - Russell Investments Dividend ETF Breakdown: VIG, SCHD, VYM and others Here are the top and bottom S&P 500 stocks in terms of Q1 stock performance","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2422448349"}