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REX launched the Peptide ETF under ticker PEPT, which is aiming to capture the weight loss drug trend.
Eric Balchunas, who is a senior ETF analyst at Bloomberg Intelligence, reported the launch.
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Balchunas has previously covered continued investor inflows into TLT despite persistent declines in value, as seen in his reporting on the bond ETF. He also reported on the personal impact of Yamo Pharma's phase 2 autism drug for the CEO of Defiance, with details from the ongoing trial. These articles highlight his focus on trending developments in both ETFs and biotech.