I came across a strange product: GraniteShares filed a prospectus for American Stakes on 10/13, an ETF focused on companies in which the U.S. federal government holds an equity stake. Balchunas joked that it’s just a “government cut ETF” under a more neutral name. No matter how buzzy the narrative gets, it’s still just a filing. I’m not chasing the theme for now; I’ll wait for fees to ease before deciding whether to add a core position. Would you hold onto this trade based on the government-business narrative? Let’s talk in the comments.
