SoFi Files U.S. Risk-On ETF Targeting High-Growth Momentum Stocks

The SoFi Risk-On Equity ETF (RON) will track the BITA US Risk-On Equity Index, which selects 50 U.S.-listed companies based on growth, momentum, and volatility characteristics. Eligible companies must have a market capitalization of at least $20 billion, with the index favoring firms showing strong revenue and earnings growth, price momentum, and higher volatility. The non-diversified fund will generally replicate the index and invest at least 80% of assets in its constituent companies.