Kaiju ETF Advisors has just announced the launch of a new actively managed AI-driven ETF looking to capitalize of quick-return market opportunities. The BTD Capital Fund (DIP) uses an AI system that assesses 25 factors and scientific methods in an effort to optimize short-term gain. The term BTD stands for “buy the dip” where the fund will purchase an oversold security and then when value returns, they will sell off their shares. According to Kaiju ETFs, their AI system can identify authentic dips in the market in just nanoseconds.
ETF Newz Says:
The new fund is very ambitious so we will have to wait and see how their AI performs.