Teucrium Files for First Venezuela-Focused ETF Amid Political Shifts
Teucrium has submitted a groundbreaking application to the SEC for a Venezuela Exposure ETF, marking the first attempt to provide direct access to the country's equities market. The proposed fund WOULD track an index of Venezuela-based businesses and companies with significant exposure to the nation—defined as maintaining over 50% of assets or revenue there. This comes amid heightened volatility following a covert U.S. operation to remove President Nicolas Maduro.
The Caracas Stock Exchange surged 16.45% on Monday, extending recent gains. While Venezuelan debt instruments exist in other funds, Bloomberg Intelligence confirms no current ETFs target the local stock market—a niche space with limited liquidity. "The timing aligns with market momentum," noted ETF analyst Eric Balchunas, though questions persist about operational challenges and political uncertainty.
