US ETF launches did not slow in August despite the summer holiday season. According to the CFRA FUNDynamix ETF data platformthere were 40 new ETFs listed in the US during the month. Eight of them were in the fast-growing buffer ETF category. With these latest releases, there are now 293 buffer ETFs listed in the United States. Other indexed ETF launches include VanEck Fabless Semiconductor ETF (SMHX) AND Xtrackers Artificial Intelligence and Big Data ETF (XAIX), which are in the semiconductor and robotics category.
Just over half of the new launches were active ETFs, with five new firms entering the ETF industry. Jensen entered the ETF space with an Active Quality Growth ETF (JGRW). Another new entrant Octane Investments launched an all-value energy ETF (OCTA) and Rockefeller entered with three municipal bond ETFs. Two additional new firms in the ETF industry in August 2024 were Twin Oak and TappAlpha. With the entry of these new players, there are now 326 ETF issuers in the United States.