U.S. ETF issuers rush to offer investors new ways to bet on tech megacap stocks

in U.S. mega-cap technology stocks are rolling out new exchange-traded funds .“We wanted to make a similar product available based on AMD,” said Will Rhind, CEO of GraniteShares.

Roundhill Investments also has rolled out a series of covered call and leveraged ETFs tied to the Nasdaq 100 and the so-called Magnificent Seven - the group of megacap tech stocks that has dominated the U.S. market in recent months. GraniteShares’ Rhind said he hopes to introduce leveraged funds tied to stocks like American Airlines and Exxon Mobil to prove that demand for these ETFs extends beyond technology stocks. He did not give a time frame for those launches.

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