The First Trust S-Network Streaming & Gaming ETF (BNGE) debuted on the NYSE Arca Wednesday.
BNGE follows an index that takes into account the following factors, companies must have at least $100 million in market capitalization and $3 million in average daily trading volume.
ETF Newz Says:
There is a great deal of competition in this space already. The VanEck Video Gaming and eSports ETF (ESPO), Wedbush ETFMG Video Game Tech ETF (GAMR) and the Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD).