Skylar Capital Launches ETF Targeting U.S. Electricity Futures Markets

Skylar Capital Management has launched the Skylar Electricity Futures ETF (MWHS), an actively managed fund offering exposure to U.S. wholesale electricity futures rather than utility stocks. The ETF invests primarily in ICE-listed electricity futures tied to the ERCOT and PJM power markets, using a Cayman subsidiary to hold derivatives while collateral is invested in short-term U.S. Treasuries and cash equivalents. By actively managing contract selection and roll timing, the fund aims to provide investors with direct access to electricity price movements across key U.S. power markets.