Crypto
Ex-Elon ETFs launched excluding Tesla and SpaceX
Two exchange-traded funds excluding companies linked to Elon Musk have been registered in the United States. ETF manager Subversive Capital launched two “Ex-Elon” products that keep a Nasdaq 100 and S&P 500 large-cap structure but remove Tesla and SpaceX from inclusion. The funds are designed to block exposure to those companies. Filings say they seek capital gains from broad U.S. large-cap exposure while excluding stakes in firms founded, controlled, led or primarily associated with Musk.
