Yorkville America MANGOS Plus Index ETF

FRUT

As investor interest in Anthropic's upcoming IPO grows, ETFs are finding new ways to offer exposure to private companies through derivatives tied to perpetual futures. Recent regulatory developments could accelerate the use of these instruments across the ETF industry, but they also introduce new risks and complexities.

The Magnificent Seven have dominated the technology trade, but investor attention is now shifting toward the MANGOS — a group of companies that place greater emphasis on artificial intelligence (AI) rather than traditional megacap technology.

ETFs are increasingly breaking down the wall between public and private markets. Asset managers are finding ways to “ETF-ize” private equity and pre-IPO holdings — giving retail investors liquid, fractional access to growth opportunities historically restricted to institutional and accredited buyers.