Bloomberg Podcasts · ETFs to Watch: POETs, HALOs and Corgis | Trillions

1. 1. Eric Balchunas projects 2024 will set a new record for ETF launches, likely reaching 1,300, fueled by high market flows.
2. 2. The Defiance Daily Target 2X Long Poet ETF (POEL) quickly became May's top new launch, surging 261% in 15 days.
3. 3. Leveraged ETFs, despite their popularity for amplified returns, face criticism for encouraging gambling and potential misuse by investors.
4. 4. Issuers are rapidly launching 2x leveraged ETFs for private companies on the verge of IPOs, sometimes within 24 hours of the public offering.
5. 5. Corgi, a new ETF issuer backed by VC money, launched a record 34 thematic and buffer ETFs in a single day and has hundreds more filed.
6. 6. Hexis launched the Active Nicotine Engagement ETF (NICO), which invests in cigarette and vaping stocks.
7. 7. Roundhill introduced the Halo ETF (LOHA), focusing on "heavy assets low obsolescence" physical infrastructure and basic services, contrasting with AI investments.