New ETF Filing Aims to Capitalize on ‘Government Grift’
From Yahoo Finance: 2025-06-27 18:30:00
A new ETF filing, Tuttle Capital Government Grift ETF (GRFT), aims to profit from “government grift” by tracking U.S. political insiders’ investment activity. The fund would analyze STOCK Act filings and invest in companies with ties to presidential influence, adjusting exposure based on real-time presidential commentary.
GRFT plans to hold 10-30 positions, including stocks, ETFs, or total return swaps. The fund could hold up to 100% of assets in cash or Treasurys during uncertain times. This strategy builds on the theme popularized by NANC and GOP ETFs, but introduces more subjectivity by combining congressional trades with presidential sentiment analysis.
Since its launch in February 2023, NANC has returned 66%, outperforming the S&P 500’s 54% gain, while GOP has lagged with a 35% return. GRFT isn’t Tuttle Capital’s first unconventional strategy, following previous attempts like the Inverse Cramer Tracker ETF (SJIM) and Long Cramer Tracker ETF (LJIM), which were eventually shut down due to execution challenges.
While GRFT’s discretionary approach may face challenges, it aims to attract retail investors skeptical of political elites. The fund’s concept is sure to grab attention in the investment world.
Read more: New ETF Filing Aims to Capitalize on ‘Government Grift’