“Fixed-income is really the only game in town if you want to harvest losses at this point in the year.”

Unlike sector-focused ETFs, thematic ETFs can provide a more targeted approach to long-term investment trends such as blockchain, electric vehicles and infrastructure development.

If launched, the Neuberger Berman Carbon Transition Infrastructure ETF, the Neuberger Berman Disrupters ETF and the Neuberger Berman Next Generation Connected Consumer ETF would be the firm’s debut products.

BlackRock will shift 40% of its holdings to Citigroup Inc., 30% to JPMorgan Chase & Co. and 15% to Bank of New York Mellon Corp.

The ARK Transparency ETF (CTRU) tracks an index of the 100 “most transparent” companies.

The product, launching Wednesday, is set to track the Solactive Roundhill Meme Stock Index

In this week's fund news, Ritholtz and WisdomTree launch the RWM WisdomTree Crypto Index, Thrivent gets into the ETF business, Apollo moves further into wealth management, and the first NFT-focused ETF comes to market.

SEC Chair Gary Gensler said that even though non-U.S. regulators have approved a spot ETF, the SEC’s decision wouldn’t be influenced by that.