An investment firm is banking on the theory that some companies have access to alien technology.

Firm Tuttle Capital calls itself "the antidote to Wall Street" and boasts a proprietary formula that strengthens its portfolio. Using the acronym HEAT — hedges, edges, asymmetry, themes — Tuttle might be leaning on its alleged proficiency in "big-picture trends" with its new exchange-traded fund, the UFO Disclosure AI Powered ETF.

Tuttle's new ETF — recently filed with the SEC — will invest at least 80% of its net assets in a "basket of companies" it believes have "exposure to advanced or 'reverse-engineered' alien technology, spurred by government disclosures about UFOs (unidentified flying objects) and alleged advanced technologies."

While the companies are yet to be named, they are to include aerospace and defense contractors that "might have R&D programs rumored to work with classified technology, potentially leading to groundbreaking advancements."

Caveat emptor.

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