##  [# Hot Reads: ETF Issuers Closing More ESG Funds as Interest Wanes ](/sections/daily-hot-reads/hot-reads-etf-issuers-closing-more-esg-funds-interest-wanes) 

 

# Hot Reads: ETF Issuers Closing More ESG Funds as Interest Wanes 

 

 

Plus, Barclay’s culling of 21 ETNs shows eroding U.S. support.



 

 

 

 

 [![lisa](/sites/default/files/styles/author_image_icon/public/2023-03/Lisa_0.png?itok=Z95X7Mko "lisa")](/contributors/lisa-barr) 

[By Lisa Barr](/contributors/lisa-barr)

 May 09, 2023

 Edited by: Ron Day

 

 

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[**Fed Warns of Credit Crunch Risk After US Bank Turmoil**](https://www.ft.com/content/77d42ab5-694b-4bdb-9e5b-d8e106e2c02f) (Financial Times)

Lenders signal plans to tighten loan standards as depositors withdraw cash.

[**ETF Issuers Losing Tolerance for ESG as Closures Surge**](https://www.bloomberg.com/news/articles/2023-05-08/etf-issuers-are-losing-tolerance-for-esg-as-closures-surge?srnd=etfs&in_source=embedded-checkout-banner) (Bloomberg)

New ESG ETF debuts down 54% from 1Q 2022.

[**Barclays’ Cull of 21 ETNs Puts Structure on Shaky Ground in US**](https://www.ft.com/content/67b76f8b-663b-4d05-ac20-68327142cb87) (Financial Times)

Exchange-traded notes appear to hold their own in Europe.

[**Coinbase CEO Vows Fight Against ‘Anti-Crypto’ SEC**](https://www.coindesk.com/tv/the-hash/coinbase-ceo-vows-fight-against-anti-crypto-sec-why-bitcoin-network-fees-are-surging/) (CoinDesk)

Plus, why bitcoin network fees are surging.

[**Bill Gross Advises Buying T-Bills to Bet Debt Ceiling Issues Will Resolve**](https://www.bloomberg.com/news/articles/2023-05-08/gross-advises-buying-t-bills-to-bet-debt-ceiling-issues-resolved?srnd=etfs&in_source=embedded-checkout-banner) (Bloomberg)

Former PIMCO investment chief says 30% of his personal portfolio is in pipeline partnerships.

[**Cramer ETF vs. Cramer**](https://www.marketwatch.com/story/cramer-etf-vs-cramer-shorting-cnbc-hosts-stock-picks-hasnt-delivered-the-promised-ratings-2600c680) (MarketWatch)

You can do the opposite of a losing strategy and still lose.

[**Is JEPI a Compelling ETF as Investors Turn Risk Averse?**](https://www.tipranks.com/news/article/is-jepi-a-compelling-etf-as-investors-turn-risk-averse-2) (Tip Ranks)

Investors are turning to safe places amid recession fears.

[**Apple Tapping High-Grade Bond Market With $5B Deal**](https://www.fa-mag.com/news/-apple-tapping-high-grade-bond-market-with--5-billion-deal-73114.html) (Financial Advisor)

iPhone maker sold debt as borrowers raised cash ahead of key inflation readings later this week.

[**Commodities Conundrums**](https://www.cnbc.com/2023/05/08/watch-now-etf-edge-on-commodities-conundrums-which-way-will-the-wild-ride-turn-next.html) (CNBC)

Which way will the wild ride turn next?

[**Variable Withdrawal Rates Better for Retirees: Morningstar**](https://www.fa-mag.com/news/variable-withdrawal-rates-better-for-retirees--morningstar-says-73117.html) (FA Magazine)

Variable retirement withdrawal rates beat out static rates over a 30-year horizon, the firm said.



 

 

 [ Lisa Barr ](/contributors/lisa-barr) 

 

 

  Lisa Barr is a former copy editor at etf.com.   [View Bio](/contributors/lisa-barr)

 



 

 


 Related Topics  [Banks](http://www.etf.com/topics/banks) 

 [ESG](http://www.etf.com/topics/esg) 

 [Crypto](http://www.etf.com/topics/cryptocurrency)