Wedbush and Dan Ives launch AI-focused ETF to tap booming sector

Wedbush Securities, along with tech expert Dan Ives, has introduced the Dan Ives Wedbush AI Revolution ETF, aimed at companies engaged in AI technologies, including chips and software.

The ETF enters the $11 trillion market with a management fee of 0.75%, appealing for investors amid competition from established ETFs like Global X’s AIQ, which holds over $3 billion in assets.

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