Evolve Fund Group in Canada lowered the price on its Bitcoin ETF (EBIT), to O.75% from 1%, undercutting the 1% fee of its more popular competitor, the Purpose Bitcoin ETF (BTCC).

The $14 billion iShares 20+ Year Treasury Bond ETF (TLT) has plunged 11% this year as long-dated Treasury yields climbed, fueled by building wagers on a rebound in inflation.

Despite the impact of the pandemic, 17% of ETFs launched in 2020 already have more than $100 million in assets. Investors are not waiting for a three-year anniversary to consider putting ETF money to work as they used to do with mutual funds.

Up 75% from March, the S&P 500’s gain dwarfs all previous bull markets at this stage of the cycle since the 1930s.

The explosive debut of the Purpose Bitcoin ETF (BTCC) happened in Canada, known for being out front in ETF product development.

In this week’s fund news, long-time active manager Putnam to launch ETFs, Cubs owner Tom Ricketts merges his bond broker with 280 CapMarkets, and iCapital, CAIA introduce a new alt investing education platform.

The head of RIA Morgan Creek Capital recently launched an ETF to diversify investments in the blank-check companies.

Ark already owns 10% or more of at least 24 companies, including Invitae Corp, Cerus Corp. and CRISPR Therapeutics.

QQQJ, whose biggest holdings include Roku and CrowdStrike Holdings, has absorbed about $343 million in inflows so far this year.