Andrew Chanin, CEO of Procure Asset Management, is well known for the thematic ETFs he’s created and now he’s out with a fund that is meant to offer investors a pure play on investing in space. Commercial space travel and services is a segment of the market that is attracting more and more interest as Jeff Bezos and Elon Musk continue to build their rocket companies, Blue Origin and SpaceX respectively. In addition, more media is being delivered over satellite lately and the launching, servicing and building of these spacecraft is attracting attention from investors every day.
Andrew explains the opportunity that exists for investors who want to be involved with the space trade to Downtown Josh Brown and Michael Batnick. You can read more about Andrew’s ETF at https://www.procureetfs.com/ or see the fund’s registration statement here.