New Age Alpha to Convert NAA Allocation Fund Into ETF
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Grayscale is changing the investment objectives of its Bitcoin Covered Call ETF and Ethereum Covered Call ETF to emphasize “high income” rather than “current income.” The Bitcoin covered call fund will retain its secondary objective of participating in Bitcoin returns through options on Bitcoin ETPs, while the Ethereum covered call fund will continue seeking exposure to Ether-linked ETP returns. Approved by Grayscale Funds Trust’s board on August 13, the changes specifically apply to the firm’s covered call ETFs, distinguishing them from Grayscale’s other Bitcoin and Ether investment products.
Source: SEC Filings
New Age Alpha plans to convert the NAA Allocation Fund from a mutual fund into the newly created NAA Allocation ETF, with the reorganization expected to close around December 4, 2026.
Virtus will overhaul the Virtus Terranova U.S.
DWS has converted the Xtrackers MSCI EAFE Selection Equity ETF (EASG) into the Xtrackers Bloomberg Developed Markets Ex US Equity ETF (DMXU), effective September 14.
VanEck’s Junior Gold Miners ETF (GDXJ) is adding First Mining Gold, Troilus Mining and Silver Tiger Metals, effective after market close on September 18.
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