BroShares\u2019 first ETF, BEER<\/a>, BroShares now offers a complete suite of ETFs to quarantine-proof your portfolio: beer and toilet paper exposure. \u201cWe noticed TP futures were in backwardation, so we felt we had to seize this opportunity,\u201d said Stoyan Bojinov, CIO.<\/p>\n\u201cWe\u2019ve been tempted to dip into our TP stash, but so far we\u2019ve resisted,\u201d said Catharine Frick, CTO. \u201cThe armed guards are very persuasive,\u201d she added.<\/p>\n
—<\/p>\n
April Fools!<\/strong>\u00a0Please stay safe and healthy.<\/p>\nSincerely,<\/p>\n
The Arro Team<\/p>\n","protected":false},"excerpt":{"rendered":"
New York, NY, April 1, 2020\u2014Today BroShares announced the launch of its second ETF, the BroShares Physically Backed Toilet Paper ETF (TEPE). The first ETF of its kind, TEPE seeks to provide investors with exposure to BroShares\u2019 physical stockpile of premium double-ply toilet paper. \u201cThis is a once-in-a-lifetime opportunity,\u201d said Alexandra Levis, Founder and CEO of BroShares. \u201cWe\u2019re seeing exploding consumer demand for TP, and we just had all this toilet paper lying around, so we thought \u2018why not launch an ETF?\u2019 After a couple beers it seemed like a good idea.\u201d The toilet paper is vaulted in an undisclosed location with 24-hour armed guards. \u201cThis is seriously valuable stuff,\u201d said Jonathan Butz, CFO. \u201cWe\u2019re not going to just leave it out for anyone to use!\u201d The expense ratio is 0.99%. A follow up to\u00a0BroShares\u2019 first ETF, BEER, BroShares now offers a complete suite of ETFs to quarantine-proof your portfolio: beer and toilet paper exposure. \u201cWe noticed TP futures were in backwardation, so we felt we had to seize this opportunity,\u201d said Stoyan Bojinov, CIO. \u201cWe\u2019ve been tempted to dip into our TP stash, but so far we\u2019ve resisted,\u201d said Catharine Frick, CTO. \u201cThe armed guards are very persuasive,\u201d she…<\/p>\n","protected":false},"author":4,"featured_media":706,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/posts\/704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/comments?post=704"}],"version-history":[{"count":5,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/posts\/704\/revisions"}],"predecessor-version":[{"id":710,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/posts\/704\/revisions\/710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/media\/706"}],"wp:attachment":[{"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/media?parent=704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/categories?post=704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/arrocomm.com\/blog\/wp-json\/wp\/v2\/tags?post=704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}