Expect even more esoteric funds to launch as well.
Fund company Defiance just debuted a new digital revolution ETF geared towards companies that are doing more business with non-fungible tokens, or NFTs, the digital assets stored on a blockchain that have become popular in the art and collectibles world.
Ark also has a family of actively run ETFs, where managers pick individual stocks or other assets instead of relying on indexes.
More actively managed ETFs to rival passive index funds
Fund firm VanEck, one of the asset managers that recently launched a bitcoin futures ETF, also has a new actively run ETF geared towards agricultural technology.
There should be more active international ETF launches, too.
“An active approach to investing in China, coupled with the ability to invest in a wide range of both onshore and offshore Chinese equities, will provide the fund’s portfolio managers flexibility to help navigate the dynamics of potential market constraints and a rapidly shifting geopolitical landscape,” Vanguard said in a news release.
