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The Benzinga Global Fintech Awards are given to carefully vetted, renowned companies/executives who are striving to revolutionize the industry.
The Best ETF Launch is awarded to a fund that has recently launched and demonstrated the most innovation and success out of the gate.
The 2023 winner was the AXS 2X Innovation ETF (NASDAQ:TARK) which aims to return twice the daily return of the ARK Innovation ETF (NYSE:ARKK), Cathie Wood's industry-leading fund.
This innovative fund lets traders bullish on ARKK maximize their view by providing 2X daily returns of the fund.
TARK beat out 7 other finalists to bring home the award:
Fairlead Tactical Sector ETF (NYSE:TACK)
BTD Capital Fund (NYSE:DIP)
BMO Covered Call Utilities ETF (TSE: ZWU)
VanEck Morningstar Wide Moat ETF (BATS:MOAT)
Sprott Uranium Miners ETF (NYSE:URNM)
Tema Luxury ETF (NYSE:LUX)
Capital Group Core Bond ETF (NYSE:CGCB)
