ETF market updates: iShares launches 2037 maturity corporate bond fund

The iShares iBonds Dec 2037 Term Corp UCITS ETF EUR (Dist) (I37B ETF) aims to invest in euro-denominated, investment-grade corporate bonds with a fixed maturity date in 2037. The fund follows the J Bloomberg MSCI December 2037 Maturity EUR Corporate ESG Screened Index, with a portfolio primarily composed of bonds that meet specific ESG criteria. The fund has a total expense ratio (TER) of 0.12 percent per year and utilizes physical sampling to replicate the underlying index.

Other developments in the ETF market include the iMGP European High Yield Fund R EUR UCITS ETF (PEHY ETF), which targets high levels of current income and capital growth by investing in a diversified portfolio of euro-denominated high-yield bonds rated below Baa3. Additionally, the Bitwise Canton ETP (BWCC ETP) provides physically backed exposure to the Canton Networks native token, CC, with assets held in cold storage.