The structured ETFs provider is set to launch IBIT target outcome ETFs as FLEX options on the underlying go live on Nasdaq.

Vest Financial, the US asset manager specialised in defined outcome exchange-traded funds (ETFs) is gearing up to create a buffer ETF tracking the performance of iShares Bitcoin Trust ETF (IBIT) in the next few months. First Trust Advisors is expected to be the investment advisor while Vest Financial (Vest) will act as the portfolio manager/sub-adviser. Both companies currently have 96 buffer ETFs and 12 target income ETFs on shelf in collaboration. The offering of the IBIT-linked target outco