Trillions

The Complexity of the Oil Trade

12 Mar 2026

Contributed by Lukas

As the US and Israel's attack of Iran has reminded the world, oil remains as integral as ever to the global economy. But the ETFs for investing in cru...

Freedom Has Paid Off For this Indie ETF

26 Feb 2026

Contributed by Lukas

The Freedom 100 Emerging Markets ETF (FRDM) is having a moment. Launched seven years ago as a way to filter out autocratic emerging market countries a...

Metal Mania

12 Feb 2026

Contributed by Lukas

Gold and silver ETFs just experienced eye-popping trading volumes, with sharp price swings that drew in speculators chasing the momentum. The frenzy h...

How to Invest in Future Unicorn IPOs

29 Jan 2026

Contributed by Lukas

Cathie Wood is best known for exchange-traded funds, especially her flagship ARK Innovation ETF (ARKK). But ARK also runs a less familiar product: the...

The Venezuela Factor: Why High-Yield, Emerging-Market Debt Is Having a Moment

15 Jan 2026

Contributed by Lukas

Venezuela bonds were up 100% even before the US ousted President Nicolás Maduro. Then they went up another 30%. And one actively-managed exchan...

ETFs to Watch in 2026

01 Jan 2026

Contributed by Lukas

To kick off the new year, Bloomberg Intelligence has its annual list of ETFs for your stocking-shaped portfolio. While these aren't buy or sell market...

Invesco's ETF Playbook

18 Dec 2025

Contributed by Lukas

Competing in the marketplace for exchange-traded funds — aka "The Terrordome" — is not for the faint of heart. It's like fighting a multi-...

ETFs Win Triple Crown in 2025

04 Dec 2025

Contributed by Lukas

2025 is arguably the single best year in ETF history as the industry has broken all-time records in the three primary categories: flows, launches and ...

The Best ETF Launch of 2025

20 Nov 2025

Contributed by Lukas

So far this year, some 920 exchange-traded funds have launched in the US alone—a new record. Some are already juggernauts. Others are more about...

Autocallable ETFs

06 Nov 2025

Contributed by Lukas

You may not know the term autocallable, but you will. There’s a new type of high income ETF that tracks autocallable notes that yield 14% a year...

Is Japan Back?

23 Oct 2025

Contributed by Lukas

The election of Sanae Takaichi as Japan’s first woman prime minister is putting a new spotlight on the country. Markets expect the “Iron L...

Protecting Your Portfolio With ETFs 

09 Oct 2025

Contributed by Lukas

With so many assets at or near all-time highs, a rational investor might wonder how long can the good times last? And is now the time to consider an i...

Climbing the Wealth Ladder with Nick Maggiulli

25 Sep 2025

Contributed by Lukas

The “American dream” has always been about money: financial progression and building wealth. But for many the concept is slipping fur...

Dividends Over Day Jobs: Income ETFs Become Huge Hit with Gen Z

11 Sep 2025

Contributed by Lukas

Young people are looking for an easier way to accumulate wealth than working a 9-5 job for 40 years. This reluctance to follow the path of their elder...

Tour de Headlines: A Roundtable About Recent ETF Stories of Note

28 Aug 2025

Contributed by Lukas

 A relentless barrage of headlines in recent weeks have all centered on exchange-traded funds. For the first time, there are now more ETFs than s...

Ether ETFs Finally Wake Up

14 Aug 2025

Contributed by Lukas

Here’s a mind-blowing stat: the iShares Ethereum Trust (ETHA) is the fastest exchange-traded fund in history to hit the $10 billion mark outside...

How JPMorgan Became Such a Force in Active ETFs

31 Jul 2025

Contributed by Lukas

The ETF "Thunderdome" is an unforgiving and relentless environment. Which makes the exchange-traded funds from JPMorgan Asset Management so noteworthy...

The 2025 ETF Mailbag

17 Jul 2025

Contributed by Lukas

Joel, Eric and Athanasios Psarofagis crack open the mailbag to answer some listener questions about ETFs.See omnystudio.com/listener for privacy infor...

ETFs That Let You Invest in the Future

02 Jul 2025

Contributed by Lukas

You just might be able to experience the financial future today. A recent trend in investing has exchange-traded fund issuers creating funds focused o...

European Defense ETFs are the Break Out Theme of 2025

18 Jun 2025

Contributed by Lukas

One of the hottest themes of 2025 is defense companies as potential US isolationism has other countries scrambling to beef up their military. And with...

Bye America Turns Into Buy America

04 Jun 2025

Contributed by Lukas

The narrative all year was "sell America" yet the stock market is positive on the year and flirting with all time highs after coming back from a bruta...

How Not to Invest With Barry Ritholtz

21 May 2025

Contributed by Lukas

In investing, there are many “rules.” And the rules are intended to help you, dear investor, make money. But if you’ve been around m...

An Inside Look at the Trump SEC With Commissioner Hester Peirce

07 May 2025

Contributed by Lukas

During her time as a commissioner at the US Securities and Exchange Commission, Hester Peirce has often been a dissenting voice—especially on al...

The Future According to ETF Pros

21 Apr 2025

Contributed by Lukas

It’s that time of the year. Exchange, the big exchange-traded fund conference, was held in Las Vegas this year and brought together many in...

The Return of the Trump Put

09 Apr 2025

Contributed by Lukas

In the aftermath of President Donald Trump’s April 2 “Liberation Day,” stock markets around the world plunged. Yet just 13 hours aft...

Black Hat vs White Hat ETFs

26 Mar 2025

Contributed by Lukas

This is not your grandfather’s exchange-traded fund industry. What started as boring, predictable and passive has morphed into strategies and pa...

How First Trust Became a Quiet Force in ETFs

13 Mar 2025

Contributed by Lukas

First Trust, the sixth-largest issuer of US exchange-traded funds, has managed to stay mostly under the radar in the investing world — and yet i...

The Case for Europe

26 Feb 2025

Contributed by Lukas

European stocks are off to a strong start this year—one of their best ever in fact and easily beating the US market. But can it last? Will US te...

Captain America: A Brave New ETF World

13 Feb 2025

Contributed by Lukas

There’s something special about the US stock market these days—it’s almost beyond comprehension how it keeps kicking out consistentl...

A Quiet, Tax-Free Haven Is Braced for Change

30 Jan 2025

Contributed by Lukas

Municipal bonds are the foundation of how American cities and states operate. And a big reason investors love “munis” is their tax-free st...

Five ETF Predictions for 2025

15 Jan 2025

Contributed by Lukas

Will the first private credit exchange-traded fund launch in 2025? How many new crypto-related ETFs will come to market this year? And how will the ba...

The Gold Versus Bitcoin Debate

30 Dec 2024

Contributed by Lukas

Gold or Bitcoin? The answer to that question—as always—depends on whom you ask. Yet the response will regularly be a passionate one. The e...

2024: A Year to Remember

19 Dec 2024

Contributed by Lukas

It's pretty safe to say that 2024 was the best year ever for ETFs. The industry saw record flows of $1 trillion, a record 670 new launches and a 30% j...

A Strategist's Top ETFs for 2025

05 Dec 2024

Contributed by Lukas

US large cap stocks have had an unbelievable run, and this year has been no exception. But how much longer can this Magnificent 7-driven winning strea...

A Rare Peek under the Hood of Vanguard

21 Nov 2024

Contributed by Lukas

“The House That Jack Bogle Built” is alive and well in sleepy Malvern, Pennsylvania. So far this year, the asset management firm that pioneered lo...

Get Ready for the Hottest Hot Sauce

07 Nov 2024

Contributed by Lukas

One of the year’s hottest investments? Bitcoin, which has surged on exchange-traded fund adoption as well as the return of the “Trump trade.” O...

Why These ETFs Died During a Bull Market

24 Oct 2024

Contributed by Lukas

As with humans, death is a part of life in the exchange-traded fund industry. There have been about 150 closures this year, which may be a bit surpr...

The Rise of the Quick-Buck ETF

10 Oct 2024

Contributed by Lukas

Derivatives-enhanced exchange-traded funds have become a hit with retail investors. There’s been more than 160 such launches so far this year, with ...

The Apollo ETF Landing

26 Sep 2024

Contributed by Lukas

A new competition has begun to see who can successfully solve an investing paradox: how to package illiquid, private assets into liquid, public exchan...

Finally an ETF for Rejects

11 Sep 2024

Contributed by Lukas

For every stock that enters an index like the S&P 500 or Russell 1000, another must exit. One might assume these “deletions” are a sorrowful b...

Return Stacking

29 Aug 2024

Contributed by Lukas

The idea of using leverage to layer one investment return, say equities, on top of another, say a managed futures strategy, is something institutiona...

Should I Just 'VTI and Chill'? Your ETF Questions Answered

15 Aug 2024

Contributed by Lukas

While exchange-traded funds have become increasingly popular and people are more familiar with them, there are still aspects of ETFs that—for some—...

Ether ETFs Are Looking for a Bitcoin Style Love

01 Aug 2024

Contributed by Lukas

Bitcoin exchange-traded funds, which were finally introduced earlier this year after intense regulatory scrutiny, have already become some of the most...

Yes, ETFs Can Outperform Without Nvidia—But It's Not Easy

18 Jul 2024

Contributed by Lukas

Nvidia's ascent into one of the world's biggest companies was as fast as it was dramatic. The company's startling rise has sparked new ETFs to launch ...

Everything to Know About the 2X Nvidia ETF

04 Jul 2024

Contributed by Lukas

Single-stock ETFs seem like an oxymoron: An investing vehicle that usually contains an entire portfolio reduced to just a single company? But whatever...

The 2024 ETF Halftime Report

20 Jun 2024

Contributed by Lukas

So far, this has been a banner year for exchange-traded funds. The S&P 500 is at record highs, inflows keep soaring and investors are taking more ...

Can an Outsider Fix the House that Bogle Built?

06 Jun 2024

Contributed by Lukas

For the first time in its 49-year history, Vanguard has chosen a chief executive from outside the company. His name is Salim Ramji, who previously ser...

Blackrock's Bitcoin Believer

23 May 2024

Contributed by Lukas

The iShares Bitcoin Trust (IBIT) was the most successful ETF launch in history by nearly all metrics. For most ETFs it takes years to hit $10 billion ...

The Unsung Art of the ETF Industry

09 May 2024

Contributed by Lukas

While most of the money flowing into exchange-traded funds goes into the cheaper ones, investors are willing to pay up for certain things. And after ...

And the Winner Is...

25 Apr 2024

Contributed by Lukas

The issuer of an exchange-traded fund has one main goal, and that’s to get assets—but being recognized is nice, too. Just like the Oscars, the E...

This ETF Will Be Music to Your Ears

11 Apr 2024

Contributed by Lukas

The music industry took a huge revenue hit when the MP3 came out about twenty years ago but has since found ways to make money. And now there’s an E...

Why Central Banks Love ETFs

28 Mar 2024

Contributed by Lukas

After 17 years, the Bank of Japan finally scrapped the world’s last negative interest policy. The central bank also announced it will cease buying e...

Listen Now: The Big Take

26 Mar 2024

Contributed by Lukas

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters aroun...

Let the Good Times Roll

14 Mar 2024

Contributed by Lukas

Worry? What worries? As the market hits new all-time highs, investors are “comfortably bullish,” according to research by Bloomberg Intelligence. ...

Introducing: The Deal with Alex Rodriguez and Jason Kelly

04 Mar 2024

Contributed by Lukas

The Deal, hosted by Alex Rodriguez and Jason Kelly, features intimate conversations with business titans, sports champions and game-changing entrepren...

Exchanging Exchanges at Exchange

29 Feb 2024

Contributed by Lukas

Exchange, the biggest ETF conference of the year just concluded at the Fontainebleau in Miami. Issuers, advisors, service providers and just people wh...

Inside a Liquidation

15 Feb 2024

Contributed by Lukas

Launching an exchange-traded fund is easy. Finding success is a different story entirely. About a quarter of all ETFs that have been launched have en...

A Financial Adviser’s Take on Bitcoin ETFs

01 Feb 2024

Contributed by Lukas

The launch of the first-ever spot Bitcoin exchange-traded funds has dominated the ETF conversation over the last few months. Issuers are jockeying for...

A Bunch of Questions—and Answers!—About the New Bitcoin ETFs

18 Jan 2024

Contributed by Lukas

After years and years of drama, the US Securities and Exchange Commission finally let 10 spot Bitcoin exchange-traded funds begin trading last week. T...

15  ETFs to Watch in '24

04 Jan 2024

Contributed by Lukas

Exchange-traded funds tracking areas that lagged megacap US stocks—such as small caps, international, value and cannabis—are among the 24 ETFs tha...

Will 2024 Be the Year of the Bitcoin ETF?

21 Dec 2023

Contributed by Lukas

The US Securities and Exchange Commission is busier than Santa’s elves these days as it scrambles to work with exchange-traded fund issuers to fine...

Introducing: Bloomberg News Now

15 Dec 2023

Contributed by Lukas

Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business ...

Spot Bitcoin ETFs Are (Probably) Almost (Finally) Here

07 Dec 2023

Contributed by Lukas

After more than a decade-long wait, it’s looking likely that the first-ever spot Bitcoin ETFs will soon arrive in the US. But despite the heated rac...

Measuring Corporate ‘Dark Matter’ With an ETF

23 Nov 2023

Contributed by Lukas

When it comes to evaluating companies for different exchange-traded fund strategies, some things can be easily measured—such as dividends and price...

Introducing: Elon, Inc.

09 Nov 2023

Contributed by Lukas

At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David...

Is ESG Dead?

09 Nov 2023

Contributed by Lukas

ESG seems to have went from all the rage to yesterday's news as ETFs tracking these strategies have been hit with big stretches of underperformance an...

The Lazarus List

25 Oct 2023

Contributed by Lukas

More than 1,000 ETFs have been liquidated and sent to the proverbial ETF graveyard. But a select few have been resurrected by issuers who think that e...

The ETF Quiz Show

11 Oct 2023

Contributed by Lukas

How much does the average person know about ETFs? What about an ETF analyst? On this episode of Trillions we put the experts knowledge to the test in ...

What's Going on in Europe?

28 Sep 2023

Contributed by Lukas

Cathie Wood’s Ark Invest recently purchased European exchange-traded fund issuer Rize. The move shows yet another US-based issuer bringing their tal...

The Bull Case for India

14 Sep 2023

Contributed by Lukas

India just hosted the G-20. Some of Apple’s latest iPhones are now being made there. The country’s demographics are compelling. And yet, as Hinden...

The Mutual Fund Is Very Much Alive and Well

31 Aug 2023

Contributed by Lukas

The death of mutual funds has been greatly exaggerated. With $24 trillion in assets, they outmatch exchange-traded funds two to one. And there’s goo...

The Weird Burden of QQQ

17 Aug 2023

Contributed by Lukas

Invesco’s QQQ Trust Series 1, aka QQQ, is synonymous with tech investing—and performance, given that it’s nearly doubled the S&P 500 over t...

The No Downside ETF

03 Aug 2023

Contributed by Lukas

It sounds too good to be true. An exchange-traded fund that is 100% protected from any losses but still gets to participate in stock market gains? Whi...

Five Things to Watch in ETFs During the Second Half

20 Jul 2023

Contributed by Lukas

It’s the third quarter and exchange-traded fund investors have finally gotten their FOMO bug back. While they’re currently plowing money into equi...

The Race for the Bitcoin ETF Heats Up

06 Jul 2023

Contributed by Lukas

Over the past decade, about 30 spot Bitcoin exchange-traded fund applications have been swatted aside by the US Securities and Exchange Commission. Th...

ETF Lawyer-Regulator-Industry Veteran Dalia Blass

22 Jun 2023

Contributed by Lukas

Dalia Blass has a rare perspective on the exchange-traded fund industry. Now a lawyer at Sullivan & Cromwell, she recently left BlackRock, where ...

AI Mania Is Coming for ETFs

08 Jun 2023

Contributed by Lukas

Unless you’ve been living under a rock, you’ve likely heard about how Artificial Intelligence is going to be a big deal. The exchange-traded fund ...

The FOMO Drought

25 May 2023

Contributed by Lukas

The S&P 500 Index is up 9%, the Nasdaq 100 has jumped 25% and Bitcoin-mining stocks are up more than 100%—and yet no one seems to care. At leas...

The $30 Trillion ETF Market Is Coming

11 May 2023

Contributed by Lukas

Exchange-traded funds could go from $9 trillion in global assets today to $30 trillion in the next decade as investors far and wide continue to migrat...

The Hottest New Trade Is the Most Boring

27 Apr 2023

Contributed by Lukas

The hottest new trade is the most boring asset class: money market mutual funds. Once regarded as a no-yield option investors would only use to park...

The Lowdown on Increasing Your ‘ETF IQ’

13 Apr 2023

Contributed by Lukas

The first exchange-traded fund television show ever created, Bloomberg’s ETF IQ, just finished its first year on the air. On this episode, we talk t...

The Aftermath of Another Banking Mess, This Time in Europe

30 Mar 2023

Contributed by Lukas

UBS recently acquired its troubled neighbor, Credit Suisse, creating a Swiss megabank. How it all went down led to an avalanche of headlines, with a f...

The Situation With Midsize Banks

16 Mar 2023

Contributed by Lukas

In barely a week, three banks a lot of people had never heard of—Silvergate, Silicon Valley and Signature—suddenly became toast. The US government...

This ETF Is Betting Against Jim Cramer’s Picks

02 Mar 2023

Contributed by Lukas

Jim Cramer—the host of Mad Money on CNBC—makes a lot of investing calls. It’s part of his shtick. And as you can easily divine from social medi...

Exchanging Exchanges at Exchange

16 Feb 2023

Contributed by Lukas

The Exchange ETF Conference was recently held in Miami Beach with more than 1,000 people in attendance. While the gathering was as popular as ever an...

Are ETFs Killing Future Stock Market Returns?

02 Feb 2023

Contributed by Lukas

The rise of index funds, exchange-traded funds and passive investing in recent years has been nothing short of momentous, as investors across the US a...

The ETF Story 6: The Revolution

29 Jan 2023

Contributed by Lukas

SPY wasn’t just a hit product, it was an inspiration for an entire industry to take off. But it didn’t happen overnight. It took about 10 years fo...

The ETF Story 5: The Sleeper

29 Jan 2023

Contributed by Lukas

SPDR S&P 500, or SPY, is the world’s largest ETF today with about $240 billion in assets, but it wasn’t much to look at when it debuted in 199...

The ETF Story 4: The Competition

29 Jan 2023

Contributed by Lukas

Just as Steve Jobs and Steve Wozniak weren’t the only two geeks in a garage working on a computer in the 1970s, the AMEX wasn’t the only exchange ...

The ETF Story 3: The Approval

29 Jan 2023

Contributed by Lukas

When the SPDR S&P 500 Trust (SPY) was submitted to the SEC in 1988, George Michael’s "Faith" was the No. 1 song and Magic Johnson led the Lakers...

The ETF Story 2: The Report

29 Jan 2023

Contributed by Lukas

Government reports are known more for curing insomnia than providing inspiration for revolutionary products. The October 1987 Market Break Report migh...

The ETF Story 1: The Crash

29 Jan 2023

Contributed by Lukas

Thirty years ago today, the very first exchange-traded fund started trading on the American Stock Exchange. At the time, Bill Clinton had just moved i...

Meet One of ETF’s Founding Fathers

19 Jan 2023

Contributed by Lukas

This month marks the 30th birthday of the SPDR S&P 500 ETF Trust (SPY), the granddaddy ETF that started it all and is still the largest and most-t...

23 ETFs for 2023

05 Jan 2023

Contributed by Lukas

From inflation and the Federal Reserve, China and Russia, fundamentals and Bitcoin, there’s no shortage of themes for investors to think about in 20...

Introducing: Crash Course

04 Jan 2023

Contributed by Lukas

Hosted by Bloomberg Opinion senior executive editor Tim O'Brien, Crash Course will bring listeners directly into the arenas where epic business and so...

Now There Are One-Stop Shops to Launch Your ETF

22 Dec 2022

Contributed by Lukas

Got an idea for an exchange-traded fund but don’t want to deal with the logistics? A group of “white label” ETF issuers are in the business of h...

The ETF Era Is Going to Be Here for a While

08 Dec 2022

Contributed by Lukas

  The future is very bright for ETFs, which in 2022 saw record volume and the second most flows and new launches—all astounding numbers considering...

What the Crypto Crash Means for ETFs

24 Nov 2022

Contributed by Lukas

The crypto market may not be dead, but it’s arguably in a temporary coma thanks to the spectacular implosion of Sam Bankman-Fried’s FTX. The bankr...

Alternative ETFs Finally Get Their Moment in the Sun

10 Nov 2022

Contributed by Lukas

It took 15 years for an ideal environment to arrive for alternative exchange-traded funds—which employ or mimic hedge fund strategies—but their mo...

The ETF Graveyard

27 Oct 2022

Contributed by Lukas

Every year there's far more ETF launches than closures. But market headwinds are starting to accelerate the number of liquidations. So far this year t...