Corgi ETF sells OpenAI and Anthropic exposure via derivatives — with a counterparty conflict, critics warn
generativist · x · 2026-10-07
A new ETF, $MN (Corgi ETF), claims to give retail investors exposure to OpenAI and Anthropic, which has historically been limited to private-market investors.
Critics flag the structure: the fund holds no actual shares of either company, and the pricing of its derivatives is calculated by the same counterparty that must pay out returns — a potential conflict of interest worth noting before buying.
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