Fundstrat Granny Shots ETF (GRNY) Exceeds $700M AUM, Achieving Top Fund Flow Rankings for 2024
NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Fundstrat Capital announces that the Fundstrat Granny Shots US Large Cap ETF (GRNY) has surpassed $700 million in total assets as of January 16, 2025. Launched on November 7, 2024, the ETF reached this milestone in under 10 weeks.
In 2024, there were 720 ETF launches in the U.S. When ranked by 2024 fund flows, regardless of asset class or style, GRNY secured the 21st position—a remarkable achievement given its late-year launch. Excluding crypto and crypto-derivative-related ETFs from the rankings, GRNY would climb even higher, ranking 9th in fund flows among all new launches in 2024. (Source: Bloomberg)
Thomas Lee, CIO of Fundstrat Capital, stated, "Reaching $700 million in AUM in under 10 weeks far exceeds what we expected with the launch of our GRNY ETF. We realize this reflects the strong support provided by our community of active investors and our investment rationale resonates with investors—to buy the strongest companies exposed to the most important secular themes over the next decade."
For more information on the Fundstrat Granny Shots ETF, visit grannyshots.com or contact inquiry@fundstratcapital.com.
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SOURCE Fundstrat Capital