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GAMCO Investors Files Trademark Application For New ETF

GREENWICH, Conn.–(BUSINESS WIRE[1])–GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) has filed a trademark application for Gabelli Love Our Planet & People ETFTM, which is its first ETF in a trust of nine Precidian ActiveShares actively managed ETFs. Gabelli Love Our Planet & People ETF is an Environmental, Social, and Governance (ESG) ETF that will emphasize the environmental aspect, or “E” in...

Defiance ETFs Launches the First SPAC ETF

NEW YORK–(BUSINESS WIRE[1])–Defiance ETFs[2] has announced the launch of the first SPAC ETF (NYSE: SPAK[3]), Defiance Next Gen SPAC Derived ETF[4], available for trading today. SPAK joins Defiance’s growing suite of first-mover thematic ETFs, including FIVG[5] (5G ETF) and IBBJ[6] (Junior Biotech ETF). “The Defiance team is excited to bring to market the first SPAC ETF (NYSE: SPAK[7]). Picking the...

Podcast 23: Ask the Spud Edition

What is the likelihood of an ETF closing down, and what would be the consequences for investors if this happens? What is the likelihood of an ETF closing down, and what would be the consequences for investors if this happens?

ETF Managers Group Announces Closure of ETF

SUMMIT, N.J.–(BUSINESS WIRE[1])–ETF Managers Group LLC (“ETFMG”) announced today that the Board of Trustees of the ETF Managers Trust has decided to close the Spirited Funds/ETFMG Whiskey & Spirits ETF (WSKY) based on an ongoing review of market demand. Effective immediately, WSKY will increase its cash holdings in contemplation of liquidation and will no longer accept creation orders. Trading will...