ETF launches fall to four in week to Nov. 10 from 12

Four ETFs began trading in the week to Nov. 10, down from 12 the week before and the fewest in eight weeks, according to SEC effectiveness filings (485BPOS) and issuer data.

Tidal Trust II launched three of the week's four funds: ANTC, ANTQ and YANT, all with Nov. 6 inception dates. Nomura ETF Trust II's DFIX launched on Nov. 4. All four are classed as index funds in the Other category, which is assigned from each fund's registered name.

Fund selectors screening the week's additions have four index funds identified only by ticker and no expense ratio to compare. Fees and underlying exposure will have to come from each fund's prospectus.

Eight of the prior week's 12 launches came from BNY Mellon ETF Trust II, all dated Nov. 2. Without that batch, the week to Nov. 3 would also have counted four.

Weekly launches from Sep. 22 to Nov. 10 ran 49, 30, 32, 45, 30, 41, 12 and 4. The first six weeks all fell between 30 and 49. Two light weeks are too short a run to call a slowdown.

SEC and exchange listing data show no ETF closures in the week to Nov. 10. The eight-week window had five, four in the week of Sep. 22 and one in the week of Sep. 29.

GraniteShares ETF Trust made the most filings over the eight weeks to Nov. 10, with 25, according to SEC EDGAR filings (485APOS, 485BPOS, N-1A, 19b-4). EA Series Trust followed with 21 and Tidal Trust V with 15. Eight of GraniteShares' filings were 485APOS new-fund registrations or amendments dated Nov. 9.

The top filers were not the top launchers. Tidal Trust V ranked third by filings but first by launches, with 41. Neither GraniteShares ETF Trust nor EA Series Trust ranked among the eight issuers with the most launches.

Total filings fell to 58 in the week to Nov. 10 from 101 the week before. New-fund registrations and amendments held steady at 31, against 30. Effectiveness filings fell to 22, from 69 the week before and 81 the week before that. The week to Nov. 3 had 69 effectiveness filings and 12 launches, so filing counts are a loose guide to launch counts.

Tidal Trust V led launches over the eight weeks with 41, followed by Investment Managers Series Trust II with 33, according to SEC effectiveness filings and issuer data. Tidal Trust I (21), Tidal Trust II (17) and Tidal Trust IV (16) came next, giving the four Tidal trusts 95 of the 243 launches. Tidal Trust II also filed 13 times in the window, according to SEC EDGAR filings.

The Other category took 168 of the 243 launches, about 69%. Among named categories, dividend and income had 14, international and emerging 10, municipal bonds nine and option income nine. Sector and thematic had six, US large cap and broad market five, and broad bonds four.

Because category is assigned from a fund's registered name, ticker-only names such as this week's four likely land in Other. The bucket should not be read as a single strategy.

About 8.6% of the 243 launches were active funds, and none were semi-transparent, with style also classified from each fund's registered name.