FEED

New Listings: A Fund Built to Avoid Elon Musk Has Stopped Saying His Name

Bernie Thurston — Thu, 08 Oct 2026 08:01:02 GMT

The filings called them the Ex-Elon ETFs. They have arrived as the Redacted ETFs, which is the first time I can recall a fund solving a branding problem with a black marker pen.

New Listings: WisdomTree Has Taken Two Funds to Texas, and Neither May Buy a US Stock Listed There

Bernie Thurston — Wed, 07 Oct 2026 08:08:34 GMT

Two new WisdomTree funds have chosen the Texas Stock Exchange as their home. Their prospectuses then rule out any stock that is not listed on the New York Stock Exchange or Nasdaq.

New Listings: An AI Bitcoin Strategy Has Published Its Latest Allocation, and It Is All Bitcoin

Bernie Thurston — Tue, 06 Oct 2026 07:34:47 GMT

A new product on the Swiss exchange uses an ensemble of machine-learning models, a Black-Litterman optimiser and a committee of three AI-generated views to decide how much of your money should be in bitcoin. Its most recent published answer is all of it.

ETF Flows September 2026: $150bn In, and the Biggest ETF Saw Outflows

Ultumus — Mon, 05 Oct 2026 12:49:04 GMT

Global ETF assets ended September 2026 at $21.35tn. The 20 largest issuers took in $150bn of net new money, and the only ETF in our data above $1tn had a $13.3bn net outflow.

New Listings: An E-Commerce Index Has Decided That a Quarter of Online Shopping Is Your Phone's Operating System

Bernie Thurston — Mon, 05 Oct 2026 07:26:48 GMT

There is now an index that divides the whole of American digital commerce into six fixed slices, and gives the largest one, jointly, to the software on the device in your pocket. It is weighted by operating system market share, which is a polite way of saying that the weighting committee did not need to meet for long.

New Listings: There Is Now a Triple-Leveraged Bet on Toothpaste, and a Triple-Leveraged Bet Against It

Bernie Thurston — Thu, 01 Oct 2026 09:00:47 GMT

Consumer staples are what investors buy when they want nothing much to happen. Bank of Montreal has now issued notes that make nothing much happen three times as fast, in either direction.

New Listings: A Fund Called XX Has Bet Nearly Everything on the S&P 500 Reaching 10,000

Bernie Thurston — Wed, 30 Sep 2026 08:04:28 GMT

Most funds come with a risk section. This one has a risk heading that reads, in capitals, “Catastrophic Loss Risk”, and it has earned it.

New Listings: The 62/38 Split Came Back, and This Time It Brought 60/40 and 65/35 With It

Bernie Thurston — Tue, 29 Sep 2026 07:33:43 GMT

I recently described a 62/38 weighting as a compliance constant wearing an index methodology’s clothes. It turns out it is not a constant at all. It is a floor with a cushion, and every issuer gets to choose the size of the cushion.

New Listings: A Fund Manager Has Built an AI Copy of Himself, and Kept the Right to Overrule It

Bernie Thurston — Mon, 28 Sep 2026 09:02:03 GMT

Somewhere in a new prospectus sits the most honest sentence in asset management: the human will override the machine whenever the machine's logic turns out to be “circular” or “consensus-driven”. The machine, in this case, was trained to think like the human.

New Listings: Two Co-Branded Indices, Two Different Partner Markets, and Exactly the Same 62/38 Split

Bernie Thurston — Fri, 25 Sep 2026 10:32:41 GMT

The Hong Kong stock exchange appears to have concluded that the most valuable part of an ETF is not the listing fee. It is the index.

HKEX has now co-branded benchmarks with Korea Exchange and with Bursa Malaysia, licensed them to the Hong Kong arms of five mainland asset managers, and sits back while the products arrive.