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Yorkville America launches AI-focused ETF after dropping crypto fund plans

Market News
01 Sep 2026
Crypto Economy
View Source
Bullish
pluang ai news

Yorkville America has introduced a new ETF called the MANGOS Plus Index ETF, ticker FRUT, which focuses on artificial intelligence investments. This move comes after the company withdrew two cryptocurrency ETF registrations related to Truth Social in May. The shift highlights a strategic pivot from crypto to AI sectors, reflecting changing market interests and regulatory challenges. Investors may see this as a sign of growing confidence in AI-driven assets over volatile crypto funds.

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Alphabet struggles to build AI capacity fast enough; Anthropic secures 5 gigawatts of AI power.

Alphabet struggles to build AI capacity fast enough; Anthropic secures 5 gigawatts of AI power.

Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...

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Bearish
3 hours ago
Invest in 4 dividend stocks yielding over 6% in a Roth IRA to maximize tax-free growth and reduce IRS taxes.

Invest in 4 dividend stocks yielding over 6% in a Roth IRA to maximize tax-free growth and reduce IRS taxes.

Four high-yield dividend stocks—Enterprise Products Partners, MPLX, Ares Capital, and Blue Owl Capital—offer yields above 6% and generate ordinary income taxed heavily in taxable accounts. Holding these stocks in a Roth IRA shelters the income from f...

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Bullish
4 hours ago
Toyota's redesigned RAV4 hybrid faces strong demand and limited supply, causing dealer shortages.

Toyota's redesigned RAV4 hybrid faces strong demand and limited supply, causing dealer shortages.

Toyota's new RAV4, now sold only as a hybrid, is in high demand but limited supply has left dealers with only a few days' worth of inventory. This shortage is due to Toyota's initial limited production and a shift in buyer preference toward hybrids a...

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Bullish
4 hours ago
Prospect Markets partners with Crypto.com to launch U.S. sports prediction markets in Q3 2026

Prospect Markets partners with Crypto.com to launch U.S. sports prediction markets in Q3 2026

Prospect Prediction Markets' subsidiary, Prospect Brokerage USA, has signed a definitive agreement with OG Prediction Markets and Crypto.com to offer event-based prediction market contracts in the U.S. This move marks Prospect's entry into the fast-g...

Market News
Bullish
4 hours ago
Maverick Gold finds promising gold samples up to 2.56 g/t on Jericho Property, Nevada, boosting exploration potential.

Maverick Gold finds promising gold samples up to 2.56 g/t on Jericho Property, Nevada, boosting exploration potential.

Maverick Gold and Silver Corp. reported gold sampling results from the northern Jericho Property in Nevada, with two zones showing over 1 g/t gold, including a peak of 2.56 g/t at Upper Flats. These findings support the theory that the northern area ...

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