US finance company Tuttle Capital to invest in "alien technology"

A new fund from US financial firm Tuttle Capital will invest in reverse-engineered alien technology based on government disclosures about UFOs.

Invest at least 80% of the assets

"Tuttle Capital has applied to invest in reverse-engineered alien technology through the Tuttle Capital UFO Disclosure AI Powered ETF, an exchange-traded fund.

The fund is one of eight new products that Tuttle Capital has registered with the Securities and Exchange Commission. 

Marked with the UFOD symbol, the actively managed UFO Disclosure AI Powered ETF will invest at least 80% of its net assets in companies that Tuttle Capital considers to have a potential link to advanced alien technology.

These companies will include aerospace and defence contractors who can carry out research and development programmes with classified technology that can lead to revolutionary advances.

UFOD release - not guaranteed

"Matthew Tuttle, Managing Director of Tuttle Capital, said that he has been interested in UFOs (Unidentified Flying Objects) for many years. 

Although UFOs are by definition an unknown category, Mr Tuttle expects that investing in these objects and the technology they can use will become popular once his product reaches the market.

"I am a trader. I look at UFOs and I say they use an energy source that is light years ahead of anything we have... If our government has this technology and unleashes it, that will be a huge change," he said.

Each ETF will be traded on the Cboe BZX exchange. However, these products do not yet have set release dates or fees.

However, Mr Tuttle noted that the release of UFODs is not guaranteed. 

If there is not enough information from government disclosures on UFOs, the product may not reach the market.

Mr Tuttle and his company acknowledge that investing in alien technology is speculative and subject to rumour cycles, as government approvals of the technology are not clear. 

The firm also uses artificial intelligence in 90% of its investment process, considering it an essential tool in finance. Seven other products from Mr Tuttle's company will also use AI for stock options.