The tweet was deleted by the author.
But we saved everything 🙂.
The Free Markets ETF, FMKT, ended trading today at $21.63, representing a decline of 0.75%. The ETF, which is described by its issuer as the only product in the market focused on capturing value from deregulatory environments, remains unique in its investment approach despite the day's slight dip.
The product continues to position itself based on potential opportunities arising from reduced regulatory constraints.
ETF innovation has recently brought other unconventional products to market. GraniteShares launched an ETF designed to provide autocallable income with yields exceeding 20 percent, according to Michael A. Gayed. Separately, Gayed noted that the high yield bond spread reached 320 basis points, reflecting persistent tension in credit markets.