For all things ETF, there\u2019s no time like the present.<\/p>\n
There have been an astounding 1,000-plus ETF launches in the US this year. About $1.25 trillion flowed into those funds year to date through November, putting sales on track to surpass $1.4 trillion for the year. And assets are now well over $13 trillion. All of those, if it\u2019s not obvious, are records<\/a>.<\/p>\n It\u2019s been a popcorn-worthy event. While there have been plenty of bread-and-butter funds coming to the market (large blend, large value, etc.) there have been far more niche products that increasingly are pushing boundaries.\u00a0<\/p>\n In the Doge House<\/p>\n If there\u2019s a new fund that sums up 2025\u2019s ETF trends, it might as well be the 21Shares 2X Long Dogecoin ETF (TXXD). That checks several boxes: It\u2019s focused on a single asset; it\u2019s crypto; and it\u2019s leveraged. And of course it\u2019s built around the quintessential memecoin. That fund is tied with the Roundhill MSTR WeeklyPay ETF (MSTW) as the unenviable winner of Morningstar\u2019s worst ETF of the year. After just a month of trading, TXXD is down 35%, Morningstar\u2019s Bryan Armour wrote<\/a> this month. \u201cIt simply holds Dogecoin futures and cash collateral yet charges a high fee of 1.89%,\u201d he said. \u201cNothing sticks it to the man like high intermediary fees.\u201d<\/p>\n With the year closing out, here are some of the highlights in ETF launches and flows:<\/p>\n About half of all ETFs debuting in 2025 were single-stock focused, crypto, derivative income or defined outcome strategies, per Morningstar.<\/p>\n Of the more than 1,000 launches, 213 were leveraged equity, 96 were derivative income, 83 were defined outcome and 70 were digital assets, the report noted.<\/p>\n