Why This ETF Can’t List on Major Exchanges

Group 1 - The ETF market has seen significant growth, with over $1.4 trillion flowing into ETFs last year, leading to the introduction of innovative products, including those that utilize leverage and seek high yields [2] - Tuttle Capital Management proposed a unique ETF, the Government Grift ETF (GRFT), which aims to invest in companies benefiting from political influence, but it has faced challenges in getting listed on major exchanges [2][3] - Major US exchanges, including NYSE and Nasdaq, have declined to list GRFT, despite a generally permissive regulatory environment for ETFs, particularly for leveraged and crypto-linked funds [3][4] Group 2 - Tuttle Capital's GRFT is not the only ETF focused on congressional trading; Tidal Financial manages two ETFs that track securities bought by Democratic and Republican members of Congress [5] - Tidal Financial's ETFs aim to reveal investment patterns among lawmakers, highlighting a discrepancy between their investments in large-cap stocks and the small businesses of their constituents [6]