Odds & Ends: Piling Into Ultra-Short Bond ETFs

More firms file for spot bitcoin exchange-traded funds.

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Reviewed by: Lisa Barr
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Edited by: Lisa Barr

The news that several other firms have followed BlackRock Inc. in filing to launch spot bitcoin ETFs has been dominating the headlines recently

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:  

Wednesday:  

Thursday: 

Friday:  

Closures 

Tuesday:  

Thursday: 

Friday : 

Fund Changes 

Tuesday:  

The Loncar Cancer Immunotherapy ETF changed its name to the Range Cancer Therapeutics ETF (CNCR). 

The following ETFs changed their expense ratios: 

 

Contact Gabe Alpert at [email protected] 

Gabe Alpert is a former data reporter at etf.com with over seven years’ experience in financial journalism. He also previously contributed reporting and analysis to Barron’s Magazine, Investopedia and other publications.