Capital Markets & Digital Asset Finance

Own the businesses that intermediate securities, manage investment assets, operate exchanges, and finance digital-asset exposure rather than betting on a particular market direction. The basket pairs established market infrastructure with brokerage and digital-asset businesses, distinct from a bank-lending or crypto-mining portfolio. Recent weakness in Morgan Stanley and Robinhood offers a more measured entry, while trading activity and investor participation remain cyclical risks. Launch basket (equal weight): MS, HOOD, COIN, JPM, MSTR, CME, ICE, NDAQ, CBOE, BLK Rules: 1. No inverse, leveraged or volatility ETFs. 2. Only names tradable at the enrolled brokers (Moomoo): no OTC listings, no dead tickers, nothing on the refused list.