Kaiju ETF Advisors announced its intention to transfer its AI-driven, actively managed ETF BTD Capital Fund powered by the Kaiju ARC system, to the New York Stock Exchange from NYSE Arca, effective
The fund’s ticker symbol will remain DIP and shareholders are not required to take any action in connection with this listing migration. Fund trading and the fund’s shareholders are not expected to be impacted during the transfer.
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“We believe that migrating our ETF to the NYSE provides a better trading and execution experience for our shareholders by tightening the spreads shown in the order management systems (OMS) and execution management systems (EMS) used by portfolio managers and traders,” said Ryan Pannell, CEO of Kaiju ETF Advisors. “We are committed to offering our investors the best investment and execution experience and by making this transition we believe it leads to better execution prices, increased liquidity, better market transparency, and overall improved confidence.”
“We are pleased to welcome the DIP ETF to the New York Stock Exchange’s iconic floor, which offers a unique trading experience that combines cutting-edge technology with human expertise,” said Douglas Yones, Head of Exchange Traded Products at the NYSE. “The NYSE floor provides our issuers the opportunity to leverage the benefits of our Designated Market Maker (DMM) system, which can help reduce volatility and narrow spreads.”
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While most ETFs track indices or sectors, DIP seeks to capitalize on quick-return opportunities in the market — no matter where they are or market conditions. The company’s AI identifies dips, initiates buys, and then instructs when to sell rebounded shares in short order — replacing a significant portion of the ETF’s holdings every day. The AI behind DIP accounts for more than 25 factors — applying scientific methods to a volume of data on a massive scale — to optimize trading decisions for short-term gain.
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