Key facts
- Autocallable ETFs have rapidly expanded since their introduction, attracting over $3.5 billion in assets.
- New filings suggest a significant increase in the number of autocallable ETF products.
- Upcoming offerings will feature diverse underlyings, including commodities like gold, cryptocurrencies like bitcoin, and equities such as SpaceX.
- The market for autocallable ETFs has grown to 24 listings since its inception.
Autocallable exchange-traded funds (ETFs) have experienced a dramatic expansion in the past year, with assets under management reaching over $3.5 billion across 24 listings. These products, which did not exist approximately 12 months prior, are set to further proliferate as new filings with the US Securities and Exchange Commission (SEC) reveal plans for a wide array of new offerings. The upcoming wave of autocallable ETFs will feature diverse underlyings, ranging from traditional assets like gold and emerging assets like bitcoin to shares in high-profile companies such as SpaceX. Early market participants, including Calamos and First Trust, have been instrumental in the initial growth of this sector.