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ETF Tickers 2025: A Year in Review

As part of my year-end analysis, I combed through 2025's ETF launches searching for clever tickers.

Unfortunately, the ticker I most wanted to see never materialised: I was hoping for PINGU for the Canary Capital PENGU ETF, a potentially groundbreaking fund combining cryptocurrency and NFTs. The proposed fund would allocate 80-95% of assets to PENGU (the official Solana-based governance token of the Pudgy Penguins ecosystem), with 5-15% invested in actual Pudgy Penguin NFTs selected for rarity, desirability, and collection value. The trust would also hold small amounts of Solana and Ethereum to facilitate transactions.

I can't believe I just wrote a sentence about Pudgy Penguin NFTs. I need a stiff drink.

What's worse: the filing sparked immediate market chaos, with PENGU's price surging over 100% in the following weeks. Despite this enthusiasm, the SEC remains cautious about approving ETFs tied to highly volatile memecoins with limited utility beyond collectability. The SEC decision, originally scheduled for October 2025, has been delayed until 2026 due to the government shutdown. PENGU's price dropped 11% following the delay announcement.

The only other 2025 ETF that managed to secure a genuinely clever ticker was:
WILD (VistaShares Animal Spirits 2x Daily Strategy ETF) – Launched June 4, 2025

This is genius branding. The ticker channels economist John Maynard Keynes' concept of “animal spirits” – the irrational exuberance and herd mentality driving markets. WILD provides 2x leveraged daily exposure to five popular stocks selected by buying momentum and investor sentiment, rotating monthly. It's essentially an ETF betting on retail trader mania and hype, making “WILD” the perfect ticker for pure speculative chaos. The fund currently holds about $2.79 million in assets and has been genuinely wild, with 52-week price swings from $17 to nearly $40. With AUM this low, I wouldn't expect the fund to survive long, which is a shame.

The absolute chef's kiss of 2025? We got WILD – a leveraged fund betting on meme stock mania – in the same year that memecoin ETFs (Pudgy Penguins, Dogecoin) became serious regulatory filings. The entire market collectively decided that if you can't beat the chaos, you might as well package it, leverage it 2x, and charge an expense ratio.

The European Situation

The most depressing element is Europe's complete lack of fun. We're basically limited to NATY (YieldMax Future of Defence Option Income UCITS ETF) and awkwardly trying to pronounce WDEF (WisdomTree Europe Defence UCITS ETF).
The irony is rich: the continent that gave us fashion, art, and Champagne produces investment products with all the personality of a parking ticket. At least the defence ETFs are printing money, even if their tickers are printing Ambien.

Bernie Thurston

Bernie Thurston is the founder and CEO of Ultumus, a leading provider of ETF and index data, calculation, and workflow solutions. With over 20 years of experience in financial technology, Bernie has been at the forefront of index and ETF innovation since 2003. His finance career began at Markit, where as Managing Director for Equities he designed and developed products for index and ETF composition and dividend forecasting from 2003 to 2011. He then founded and led DeltaOne Solutions as Managing Director, building it into a global provider of index and ETF trading data and technology services. The company managed over 100,000 multi-asset class products before being acquired by Markit in 2015. Following the acquisition, while working for an ETF issuer, Bernie identified fundamental issues in how index and ETF data was represented across the industry. This led him to found Ultumus in 2016, building solutions for ETF primary market operations. Under his leadership, Ultumus has grown into a market leader serving major financial institutions globally, with its ETF Order Management System (OMS) supporting create and redeem workflows worldwide and its PCF platform calculating and distributing portfolio composition files for ETF issuers across every major market. Bernie sold Ultumus to SIX Group in 2021, where it continues to expand across Europe, North America, and Asia-Pacific. Known for building lasting teams and leveraging cutting-edge technology, Bernie is focused on establishing Ultumus as the backbone of the global index and ETF industry through standardisation and automation.

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