Exchange Traded Concepts and PurePlay ETFs launch Nvidia ecosystem picks-and-shovels ETF

PR Newswire··Read original
3▲0 ▼0Impact / 5
Summary · why it matters

Exchange Traded Concepts and PurePlay ETFs have launched the PurePlay Nvidia Ecosystem Picks & Shovels Index ETF, trading on Nasdaq under the ticker NVPS. The passively managed fund seeks to track the Solactive Nvidia Ecosystem Picks & Shovels Index, providing exposure to companies with material commercial relationships to Nvidia across the AI supply chain without investing directly in Nvidia itself. The ETF began trading on June 18, 2026, and is designed to capture the advanced manufacturing, memory, and infrastructure that powers the AI revolution. PurePlay ETFs founder and CEO Joseph DeYonker described NVPS as a first-of-its-kind precision instrument for owning the critical picks and shovels of the AI ecosystem.

Impact on assets 1

Artificial Intelligence▲ · 1 stocks

Off-coverage companies 3

Exchange Traded ConceptsPrivate▲ Positive
Capitalrelevance

Exchange Traded Concepts co-launched the NVPS ETF, a new financial product generating fee revenue.

PurePlay ETFsPrivate▲ Positive
Capitalrelevance

PurePlay ETFs co-launched the NVPS ETF, a new fund that expands its product lineup and fee income.

Solactive AGPrivate▲ Positive
Capitalrelevance

Solactive AG's index is the benchmark for the new ETF, likely earning licensing fees.

© 2026 MarketIVNews