In this week’s fund news, Grayscale hopes to convert its Bitcoin Trust into an ETF; Schwab joins the nontransparent active ETF game; and Invesco plans to integrate ESG into all its investments.

Sonder, which decks out apartments and hotel rooms as short-term rentals, is looking to merge with the SPAC in a deal that will value them at more than $2.5 billion.

With its current level of assets, GBTC would rank among the 30 largest U.S. ETFs and as the second-largest commodity ETF behind State Street’s SPDR Gold Shares fund (GLD), which has about $57 billion.

In this week’s fund news, Morningstar points to lax risk controls and personnel issues at Ark, CFRA acquires technical research shop Lowry, and Goldman will soon bring cryptos to private wealth clients.

Global wealth management technology provider Refinitiv has built an AI-powered content management system, while ESG personalization provider Ethic gets another large capital boost.

Twelve months after two American Century products became the first to launch in the U.S., the 24 funds now in existence have lured about $1 billion in flows.

In this week's fund news, SPDR’s head of research, Matthew Bartolini, uses the GME frenzy as a case study for ETFs’ effectiveness; the Mooch and Fidelity file for Bitcoin ETFs; and iShares and State Street slash ETF fees.

The Wise Origin Bitcoin Trust would use underlying prices from exchanges that include Bitstamp, Coinbase, Gemini, itBit and Kraken.

eMoney Advisor is plugging into a bank-backed data network as it seeks to lessen its dependence on screenscraping account aggregation.

Christopher P. Woehrle discusses the court’s decision against the donors and in favor of Fidelity