A Bloomberg ETF analyst said the Tuttle Capital Government Grift ETF could launch this week, allowing retail investors to make similar trades to US Congress members.
An exchange-traded fund tracking the trading activity of American politicians and individuals and companies with close ties to the US president could launch as soon as Friday, according to an analyst.
Tuttle Capital Government Grift ETF (GRFT) was first proposed by Tuttle Capital Management earlier this year.
Bloomberg ETF analyst Eric Balchunas noted that GRFT could launch as early as Friday, as the Securities and Exchange Commission on Monday set Oct. 3 as the date that Tuttle’s S-1 registration statement will become effective.
