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Dan Ives leaves Wedbush, creating uncertainty for AI ETFs IVES and IVEP tied to his expertise.

Market News
02 Jul 2026
ETF Trends
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Bearish
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Dan Ives, Wedbush's Global Head of Technology Research, has left the firm after eight years, impacting the Dan Ives Wedbush AI Revolution ETF (IVES) and AI Power & Infrastructure ETF (IVEP), which rely heavily on his name and investment approach. IVES manages over $1.1 billion in assets but may face investor doubts following his departure. This change opens opportunities for competing AI ETFs like ROBO Global's THNQ, which has outperformed IVES year-to-date. Investors might consider other AI-themed ETFs such as CHAT and AIQ as the AI sector continues to grow and innovate.

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