📈📊 ETFs Focused on AI, Novo Nordisk, and Securitized Debt Cap Record 2024

Tickers of interest: $NVO $VRT

Three ETFs debuted Tuesday, targeting securitized debt, artificial intelligence infrastructure, and Novo Nordisk, as 2024 ETF launches reached a record 612. U.S.-listed ETF inflows are set to cross $1 trillion for the first time.

The BondBloxx Private Credit CLO ETF offers exposure to middle-market collateralized loan obligations, while the VistaShares AI Supercycle ETF invests in AI hardware firms like Vertiv Holdings, up 170% this year. Defiance ETFs introduced the first leveraged product tied to Novo Nordisk's stock performance.

Experts caution that sustained investor interest will determine the longevity of these niche offerings in an increasingly competitive ETF market.
#NVO #VRT