142 days ago • Posted by Martin Boujol

Horizons ETF Management to launch the world's first psychedelics ETF

PSYK has been officially approved as the world's first psychedelics-focused ETF. It will be listed on the NEO Exchange (NEO) under the ticker symbol PSYK:NEO. The goal of this ETF is to capitalize on the emerging psychedelics opportunity led by life science in hospitals and pharmaceuticals companies. Medications such as psilocyn and ketamine have been found useful as treatments for mental illness, depression, post traumatic stress disorder or addiction. A trend to watch closely. 

Source: Private Equity Wire

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