FYI: ETF Managers Group announced last week it would be shutting down the Rogers AI Global Macro ETF (BIKR), with the last day of trading set for July 12. In a press release, the firm said its board of trustees reached the decision due to an ongoing review of market demand.
BIKR launched a little more than a year ago, and currently has less than $4 million in assets under management. The fund invests in country ETFs and short-term Treasurys via an optimized index.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/artificial-intelligence-etf-closing
