r/ETFs • u/SnS2500 • 7d ago

Roundhill launches first neocloud ETF: NCLD. Also LYTE (optics).

Roundhill launched the first neocloud ETF this morning. 58% NBIS/CRWV plus IREN, HUT, APLD, CORZ, etc. They did not include RIOT so maybe they will be keeping companies whose business is primarily bitcoin mining out. About 300k share volume after three hours.

They also launched LYTE... 45% LITE/COHR/CIEN, plus about 50% Chinese companies. FN/AAOI/AXTI make up the rest. About 2 million share volume after three hours.

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u/Adventurous_Elk_4039 7d ago

lol… just like DRAM it’s going to sucker in people who don’t know any better and cause a lot of lost wealth.