) in June to give investors a way to play the esports space, especially as it continues its global expansion. Esports has historically thrived in Asia, with China and South Korea as two big regions for the industry, but the North American market has exploded in recent years.
"What we're trying to do [is] provide people that core exposure, and maybe not go outside the risk curve and look at things like Microsoft and Amazon that really aren't getting you what we're talking about," he said on CNBC'sSo while an ETF like ESPO offers exposure to a plethora of game publishers, NERD's holdings feature the likes of media-related companies like Chinese streaming platform Douyu and hardware companies like Turtle Beach in addition to a handful of...
"I think if you're going to point out risk factors [for esports], I'd more look towards the regulatory environment we've seen in China," he said. "We saw [regulation in 2017 and in 2018] where we actually had a ban on new games coming to market. That's kind of one of those ancillary risks that we would point to."