Breakwave Tanker Shipping ETF

BWET provides long-only exposure to the crude oil tanker shipping market by tracking an index of the near-dated wet freight futures contracts on related indexes. The portfolio has an average maturity of about 50-70 days.

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Breakwave Advisors, a New York-based commodity trading advisor specializing in shipping and freight investments, announced in partnership with ETF Managers Group (ETFMG) that the Breakwave Tanker Shipping ETF (NYSE Arca: BWET) will begin trading today on the New York Stock Exchange.

New BWET ETF Gives Exposure to Tanker Shipping Futures

SUMMIT, N.J.--(BUSINESS WIRE)--Breakwave Advisors in partnership with ETF Managers Group LLC (ETFMG®), announced that the Breakwave Tanker Shipping ETF (NYSE Arca: BWET) will begin trading today on the New York Stock Exchange. BWET is the world's first ETF designed to provide long exposure to the crude oil tanker shipping market through a portfolio of near-dated futures contracts on indices that measure the cost of shipping crude oil. Geopolitical tensions have impacted oil flows and shifted tr.

World's First Oil Tanker Shipping ETF

News for Breakwave Tanker Shipping ETF ETF (BWET)