The Unusual Whales Democratic ETF BATSNANC Surges 30%

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The Unusual Whales Democratic ETF, which trades under the symbol NANC, has surged 30%. The ETF is named after former House Speaker Nancy Pelosi, whose husband has been accused of insider trading.

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The ETF has been a trending keyword on Google, Twitter, and Reddit for quite some time after young investors discovered that it tracks the trades made by Pelosi's husband. Pelosi has been accused of using her position to benefit her husband's trades, which she has denied.

The NANC ETF is managed by Unusual Whales, which describes itself as a "community of retail investors who use data science to track the trades of the most successful investors in the world." The ETF invests in the same stocks that Pelosi's husband has traded in the past.