Dan Ives, managing director and global head of technology research at Wedbush Securities, has launched the Dan IVES Wedbush AI Revolution ETF (ticker: IVES), which debuted on June 4, 2025. The ETF is Wedbush's first and provides investors with access to 30 companies identified through Ives' proprietary research as central to the artificial intelligence sector. The ETF includes holdings such as Microsoft, Palantir, Meta, Tesla, Palo Alto Networks, and Nvidia, spanning sectors like semiconductors, cybersecurity, robotics, and cloud infrastructure. Wedbush Fund Advisers describes the ETF as research-driven and strategically weighted to reduce concentration risk while maintaining thematic exposure. Cullen Rogers, chief investment officer of Wedbush Fund Advisers, stated that the ETF is a response to investor demand for direct exposure to companies powering the next major economic transformation. Gary Wedbush, president and CEO of Wedbush Securities, said, 'AI is the most transformational force in the global economy in our lifetime.' The IVES ETF joins a crowded U.S. ETF market, which includes more than 25 AI-focused funds and recent launches from other analysts such as Tom Lee's Fundstrat Granny Shots ETF (GRNY). The IVES ETF is positioned with an 'active insight and passive structure' and includes standard risk disclosures regarding sector concentration and AI technology risks.