## [# Odds & Ends: Piling Into Ultra-Short Bond ETFs](/sections/daily-etf-watch/odds-ends-piling-ultra-short-bond-etfs)
# Odds & Ends: Piling Into Ultra-Short Bond ETFs
More firms file for spot bitcoin exchange-traded funds.
[](/authors/gabe-alpert)
[By Gabe Alpert](/authors/gabe-alpert)
Jun 23, 2023
Edited by: Lisa Barr
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The news that several other firms have followed BlackRock Inc. in filing to launch spot bitcoin ETFs [has](https://www.etf.com/sections/features/why-blackrocks-bitcoin-etf-may-succeed-where-dozens-failed) [been](https://www.etf.com/sections/daily-etf-watch/blackrock-files-bitcoin-etf) [dominating](https://www.etf.com/sections/daily-etf-watch/blackrock-reportedly-filing-bitcoin-etf) [the](https://www.etf.com/sections/features/digital-goldrush-after-blackrocks-bitcoin-etf-move) [headlines](https://www.etf.com/sections/features/crypto-etfs-surge-spot-bitcoin-etf-hopes) [recently](https://www.etf.com/sections/features/spot-bitcoin-etf-more-likely-far-guaranteed).
The Securities and Exchange Commission has repeatedly vetoed previous attempts to roll out spot bitcoin exchange-traded funds, which directly hold the cryptocurrency rather than derivatives based on its price.
Also in the ETF world, both bond fund behemoth Pimco and thematic stock ETF firm Global X waded into the ultra-short bond ETF business. With the interest rate curve more inverted this year than it has been in over a decade, ultra-short Treasuries are offering attractive yields, as opposed to the effectively zero yield they offered previously.
This may prove to be a useful alternative to money market mutual funds, which have received enormous inflows this year in the wake of the regional banking crisis, for investors looking for low-risk places to park their money.
## **Launches**
Tuesday:
- [Fidelity Disruptors ETF (FDIF)](https://www.actionsxchangerepository.fidelity.com/ShowDocument/ComplianceEnvelope.htm?_fax=-18%2342%23-61%23-110%23114%2378%23117%2320%23-1%2396%2339%23-62%23-21%2386%23-100%2337%2316%2335%23-68%2391%23-66%2354%23103%23-16%2369%23-30%2358%23-20%2376%23-84%23-11%23-87%230%23-50%23-20%23-92%23-98%23-116%23-28%2358%23-38%23-43%23-39%23-42%23-96%23-88%2388%23-45%2343%23103%2390%23125%23-103%2361%23-117%2353%23-74%235%23-89%23-105%23-67%23126%2377%23-126%23100%2345%23-44%23-73%23-15%238%23-21%23-37%23-17%23-14%23-98%23123%23-18%2345%23-59%23-82%2367%2383%23112%2317%2370%23-78%2378%23-50%2336%23-86%23-90%2381%23-21%23-119%23-30%23120%2349%2328%23-98%2333%2351%23-78%23-119%23-16%2350%23-58%2350%23102%2348%23-17%2352%23-99%23)
- [FT Cboe Vest U.S. Equity Moderate Buffer ETF – June (GJUN)](https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=b1ded943-8a1e-4949-b1a3-9861db473c25)
Wednesday:
- [Global X 1-3 Month T-Bill ETF (CLIP)](https://www.globalxetfs.com/prospectus-regulatory/?id=15982)
- [The Future Fund Long/Short ETF (FFLS)](https://futurefundetf.com/images/pdf/ffls-prospectus.pdf)
- [MAX Airlines -3X Inverse Leveraged ETNs (JETD)](https://www.maxetns.com/Documents/JETD/Prospectus.pdf)
- [MAX Airlines 3X Leveraged ETNs (JETU)](https://www.maxetns.com/Documents/JETU/Prospectus.pdf)
Thursday:
- [PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ)](https://www.pimco.com/documents/summary.aspx?c=72201R577&wd=Prospectus&fn=PIMCO_Actively_Managed_ETF_Statutory.pdf&id=aMdYqGwqH7CiBCrFSEUSslEHUNuIAI0J%2b5d98xQGT4xoi5%2fLmaeb0draLt6m0yER3GePF%2fER77hhVAPlO1i3WGC0FpBXiUGFdRnTv8EaZBfDAJNHdgixFzTE6OiLWLToSbvsNDSNzgZkIveeTlJbaxcJ02o1ygSh0kErmcKKf6cq6jl2LRLQ0fAUtuuoRF%2bUSGvDt60nD3K%2bXzeQq9ZtoKOrvwDE7%2fUUZz2rGMqmmQfPIISszQSAQ3%2baOpI8Bd%2bwEwYiPyZ9R1c%2fVBx%2b9E5VVWz92ZhGxkDN0fL0uWMz2DkDbrurYZZqMeI6wwGg4YVlTHJwd5oISiBu4%2fpC%2fnrACs1oqODV%2bc%2f1gSlcO1SkYUJV0yOfm35pWdUFns%2bAs0auxq8vyVgWzX%2fCTJZ7UEcWyYCXUwPNH6nGXJj7vasntDkOt7%2bT4lUJ2wOIaVKhdprwfyH92JejzkGkfZBD83%2foZP5%2fEFu4JEKEHfRzrJHRFXa4WXMIpmZohGHWEm3XQ2hUdlsHSv7HKvGnMKHnOGIjdw%3d%3d)
- [Direxion HCM Tactical Enhanced US ETF (HCMT)](https://direxioninvestments.onlineprospectus.net/DirexionInvestments/HCMT/index.php?open=Summary)
- [PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD)](https://www.pimco.com/handlers/displaydocument.ashx?fn=PIMCO%20Multisector%20Bond%20Active%20ETF_Statutory.pdf&id=U2dOHrLcvXD68YVP0dSUHW0VwTudE86B9Wc2Oyum2A8dX0razh9Q5Xz2JV2JSFfwIMK3XeBllBnHc6CIiPMKIrpMlOCVRDAD4LP1U3DD1dtU4szM7sO5h4su8gZfGMEtOouAhs%2BikuMEBXRG8J2FfDw8b3FWp5RZrDx3pHZMczHeGNY%2FaV9Ud3ai3365DeDZ0L1ZDNxjluEpvNTC82zJa6fPdsUo11M1PMDnyVbzF2ZYxd5w5YpT3K%2FO2doPYU3ORCj2wL0w49oA2W59DEbn8f4o900vmL9WvU8LC4TVtgV%2F4WhqShLqqJ%2FLFsYfCLgcU%2FVUaU09SxoawOd4NvJ4tw%3D%3D)
- [Clouty Tune ETF (TUNE)](https://www.clouty.io/tune)
- [VictoryShares Free Cash Flow ETF (VFLO)](https://vcm.onlineprospectus.net/VCM/VFLO/index.php?open=statutory)
Friday:
- [iShares iBonds Dec 2033 Term Corporate ETF (IBDY)](https://www.ishares.com/us/library/stream-document?stream=reg&product=ISHIBDY&shareClass=NA&documentId=2158167%7E2158148%7E2158151&iframeUrlOverride=%2Fus%2Fliterature%2Fprospectus%2Fp-ishares-ibonds-dec-2033-term-corporate-etf-10-31.pdf)
- [iShares iBonds 2030 Term High Yield and Income ETF (IBHJ)](https://www.ishares.com/us/library/stream-document?stream=reg&product=ISHIBHJ&shareClass=NA&documentId=2158159%7E2158149%7E2158150&iframeUrlOverride=%2Fus%2Fliterature%2Fprospectus%2Fp-ishares-ibonds-2030-term-high-yield-and-income-etf-10-31.pdf)
- [iShares Copper and Metals Mining ETF (ICOP)](https://www.ishares.com/us/library/stream-document?stream=reg&product=IUS-ICOP&shareClass=NA&documentId=2158161%7E2158153%7E2158155&iframeUrlOverride=%2Fus%2Fliterature%2Fprospectus%2Fp-ishares-copper-and-metals-mining-etf-3-31.pdf)
- [iShares Lithium Miners and Producers ETF (ILIT)](https://www.ishares.com/us/library/stream-document?stream=reg&product=IUS-ILIT&shareClass=NA&documentId=2158162%7E2158154%7E2158156&iframeUrlOverride=%2Fus%2Fliterature%2Fprospectus%2Fp-ishares-lithium-miners-and-producers-etf-3-31.pdf)
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## **Closures**
Tuesday:
- [**Developed International Equity Select ETF (RNDM)**](https://www.etf.com/RNDM)
- [**UVA Dividend Value ETF (UVDV)**](https://www.etf.com/UVDV)
Thursday:
- [**VanEck Muni Allocation ETF (MAAX)**](https://www.etf.com/MAAX)
Friday :
- [**AdvisorShares Managed Bitcoin Strategy ETF (CRYP)**](https://www.etf.com/CRYP)
- [**Invesco PureBeta FTSE Developed ex-North America ETF (PBDM)**](https://www.etf.com/PBDM)
- [**Invesco PureBeta FTSE Emerging Markets ETF (PBEE)**](https://www.etf.com/PBEE)
- [**Invesco PureBeta US Aggregate Bond ETF (PBND)**](https://www.etf.com/PBND)
- [**Invesco PureBeta MSCI USA Small Cap ETF (PBSM)**](https://www.etf.com/PBSM)
- [**Invesco Balanced Multi-Asset Allocation ETF (PSMB)**](https://www.etf.com/PSMB)
- [**Invesco Conservative Multi-Asset Allocation ETF (PSMC)**](https://www.etf.com/PSMC)
- [**Invesco Growth Multi-Asset Allocation ETF (PSMG)**](https://www.etf.com/PSMG)
- [**Invesco Moderately Conservative Multi-Asset Allocation ETF (PSMM)**](https://www.etf.com/PSMM)
- [**AdvisorShares Drone Technology ETF (UAV)**](https://www.etf.com/UAV)
**Fund Changes**
Tuesday:
The Loncar Cancer Immunotherapy ETF changed its name to the [**Range Cancer Therapeutics ETF (CNCR)**](https://www.etf.com/CNCR)**.**
The following ETFs changed their expense ratios:
- [**VanEck Digital India ETF (DGIN)**](https://www.etf.com/DGIN) from 0.76% to 0.71%
- [**VanEck High YIeld Muni ETF (HYD)**](https://www.etf.com/HYD) from 0.35% to 0.32%
- [**VanEck Short Muni ETF (SMB)**](https://www.etf.com/SMB) from 0.20% to 0.07%
*Contact Gabe Alpert at gabriel.alpert@etf.com*
[ Gabe Alpert ](/authors/gabe-alpert)
Gabe Alpert is a former data reporter at etf.com with over seven years’ experience in financial journalism. He also previously contributed reporting… [View Bio](/authors/gabe-alpert)
Related Topics [Crypto](http://www.etf.com/topics/cryptocurrency)
[Bitcoin](http://www.etf.com/topics/bitcoin)