The two largest Chinese esports streaming companies are featured in the fund:
DouYu International (NASDAQ: DOYU) and
HUYA Inc (NYSE: HUYA).
Even with the 50% U.S. weighting, Stefanidis told Benzinga that several of the names offer multinational exposure.
“Disney has STAR, one of the largest streaming services in India.”
One name people may not be familiar with in the ETF is J-Stream Inc, which trades in Japan, he said.
“J Stream was the first company in Japan to offer streaming services.”
The company is a holding company with five divisions offering content delivery for companies and also telemedicine. Stefanidis said the company is exclusive to Japan right now, but could expand internationally.
It was another busy week for the SPAC market with numerous deal announcements and rumored deals. The market brought down the valuation of many SPACs late in the week.
Here is a look back at the announced deals, rumors and some top headlines that were coverd on Benzinga s SPACs Attack. Read More.