Quick Read: Recently we’ve seen how being able to smartly parse the chatter on social media becomes valuable – especially for speculative trades. This heralds an interesting opportunity: i.e., monetising such knowhow of social sentiment, at scale.
Have you heard of BUZZ – the social sentiment ETF?
In a previous post , we argued that there is a certain premium attached to being able to smartly parse and capitalise on the knowhow of the social media chatter on forums like r/WallStreetBets . This is best exemplified by the recently launched ETF by New York asset manager VanEck the ‘ Buzz NextGen AI US Sentiment Leaders Index ‘ . Quoting the FT article ..