Asset Managers Seek SEC Approval for ETFs Tied to Social Media’s New 'MANGOS' AI Group
Two asset managers filed with the U.S. Securities and Exchange Commission to create exchange-traded funds tracking a social-media-coined group of AI-focused companies known as 'MANGOS.' The proposals come days after SpaceX completed a record $75 billion IPO and reflect a rapid product development cycle in the ETF industry aimed at concentrated expo…