What is the general consensus on Active ETFs? From a trading community perspective, will they be embraced as more of the same/positive or will they be considered negative and only making things worse? FYI, the vast majority of ETFs are Index Based or Passive ETFs. They are rules based, for example the investment objective would be "Seek to acheive 200% daily return of the XYZ Index" versus Active which is semi-rules based but the portfolio manager has much leeway for discretionary trading/stock picking such as: "Seek to outperform the XYZ Index by 500bp on a daily basis" ^^ Very oversimplified but the basis is that Active involves discretionary trading whereas Passive/Index does not. I'd really appreciate any thoughts or comments. Thx.