Former Hedge Fund Manager Gabe Plotkin Launches New ETF Amid Meme Stock Controversy
Former hedge fund manager Gabe Plotkin, known for his role in the 2021 GameStop short squeeze, is launching the Snowball ETF (CPD) under the RBB Fund Trust. The ETF is intended to facilitate tax-deferred asset repositioning through a 351 exchange, a strategy gaining popularity among affluent investors. The ETF's prospectus does not mention seeking seed investors, distinguishing it from similar funds.
Tickers: $MORN
Topics: 351 exchange capital gains tax ETF Gabe Plotkin GameStop short squeeze Melvin Capital Snowball ETF