Retail Trading & Digital Asset Platforms

Retail participation in equities and crypto keeps compounding through record index levels, and the brokerage/exchange complex monetizes that flow directly regardless of which AI theme wins. Bitcoin's institutionalization keeps treasury-style holders and mining-to-datacenter pivots in play. This basket owns the platforms that collect the toll on retail risk-taking rather than betting on any single asset. Launch basket (equal weight): HOOD, COIN, MSTR, IBKR, IREN, NU 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.