ETF niche players combine to form nearly $8 billion suite of specialty funds
Amplify ETFs is acquiring the assets of ETF Managers Group, bringing under one roof funds that offer exposure to marijuana, blockchain, artificial intelligence and more.
Two specialty ETF providers are joining forces to further develop their unique corner of the market.
Amplify ETFs, a $4.2 billion asset manager, is acquiring the ETFs of ETF Managers Group, which oversees $3.5 billion.
The deal brings under one roof more than a dozen popular thematic ETFs that
Learn more about reprints and licensing for this article.