Unusual Whales Subversive Democratic Trading ETF (NANC): This ETF tracks the trades made by Democratic members of Congress. It was launched in December 2022 and is named after Nancy Pelosi, the former Speaker of the House, who has been a focal point for discussions about congressional stock trading.
Unusual Whales Subversive Republican Trading ETF (KRUZ): Similarly, this ETF tracks the trades of Republican members of Congress. It is named after Senator Ted Cruz and was launched alongside the NANC ETF.
Hi Neil, thank you for letting me know. Just to be clear; they are not available because they arenโt compliant. Do you know the name of the regulation in question?
Just helping @NeilB out (thanks for jumping in!) for UK retail investors to buy ETFs they typically need to adhere to UCITs regulations and issue something called a Key Information Document (or KID). US ETFs do not typically adhere to these rules and so are unfortunately not widely available to retail customers in the UK.
Itโs a shame @Vanessa but it typically comes up with more โthematicโ ETFโs. The market in Europe is much smaller and many ETF providers dont bother with the additional regs, itโs a shame.