Public will soon be able to invest in ‘advanced or reverse-engineered alien technology’
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At the same time, funds will also target materials and energy firms that could possibly benefit from “new energy sources or metamaterials inspired by alien technology.”
For example, investments are set to be made in companies that work with semiconductors and electronics because they may “incorporate or license advanced alien-inspired components, driving innovation in the tech industry.”
The ETF will attempt to invest in companies that could take down more UFOs in the future as well. This is described in the SEC filing as companies that specialize in detecting unidentified anomalous phenomena, in addition to countering them.
The fund also plans on strategically shorting other companies that may become obsolete due to “alien-level” engineering emerging from their competitors. This includes, but is not limited to, “conventional propulsion firms and old-guard energy providers” that may fall behind due to advanced technologies.
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“I’m a trader. I look at [UFOs], and I say that they’re using a power source that is light-years beyond anything that we have,” CEO Matthew Tuttle said, according to the Financial Times. “If our government has this technology and it’s released, that will be a game-changer.”
As described in the official documents, the entire “theme” the fund is banking on is regarded as “highly speculative and subject to rumor cycles.”
This comes with the stated risk that “government confirmation or denial of advanced alien tech is uncertain, and rumored breakthroughs might never materialize.”
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