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"The investment objective of the Tuttle Capital Meme Stock Income Blast ETF (the “Fund”) is to seek current income. The Fund’s secondary investment objective is to seek exposure to the share price of select securities that are generally characterized as 'MEME STOCKS'".
I'd guess that the vast majority of the 988 ETFs that launched over the past year are also worthless.
"Of the 988 ETFs that launched over the past year, 530 fell into at least one of 7 types: Leveraged/inverse (208), single-stock (181), buffer (140), option-income (88), tgt maturity (68), open-end conversion (65), digital-assets-related (46)."
Comments
"Of the 988 ETFs that launched over the past year, 530 fell into at least one of 7 types:
Leveraged/inverse (208), single-stock (181), buffer (140), option-income (88),
tgt maturity (68), open-end conversion (65), digital-assets-related (46)."
https://x.com/syouth1/status/1960774713203912990