Founders 100 ETF

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Exchange Traded Concepts, LLC has launched the Billionaires Club ETF (NYSE: CLUB), which began trading on May 6, 2026. The ETF aims to provide investors access to companies led by exceptional entrepreneurs and families, focusing on long-term growth. The fund combines Bancreek Capital Strategies' systematic investment process with active management to identify high-quality businesses. The announcement includes corrections to previous details and emphasizes the fund's commitment to innovative equity exposure solutions.

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BNY Mellon US Large Cap Core Equity ETF

09:57 ET/C O R R E C T I O N -- Exchange Traded Concepts, LLC/

PLTR

Peter Thiel’s Founders Fund is close to finalizing its fourth growth fund, Founders Fund Growth IV, with $6 billion in capital commitments. Demand from investors exceeds the fund's capacity, with $1.5 billion coming from the firm's partners. This follows the closure of its third growth fund at $4.6 billion. Founders Fund has invested in notable startups, including Crusoe and Palantir, and recently made a $30 billion investment in AI lab Anthropic. The firm has not raised a new early-stage fund since early 2022.

- Founders Fund is approaching the close of its fourth growth fund, Founders Fund Growth IV, with $6 billion in capital commitments and high demand from investors.  
- The firm has invested in prominent startups, including Crusoe, Rippling, Stripe, and SpaceX, and recently led a $30 billion investment in AI lab Anthropic.  
- Despite its success in raising growth capital, Founders Fund has not announced a new early-stage fund since early 2022, having reduced its previous fund due to market conditions.

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Founders Fund nears $6 billion close for latest growth fund, sources say

With OpenAI nearing a $100 billion funding round and Anthropic recently raising $30 billion, investor loyalty is diminishing. A dozen investors, including Founders Fund and BlackRock, are backing both companies, raising questions about loyalty and fiduciary responsibilities. While some VCs maintain exclusive investments, others are breaking traditional norms, leading to potential conflicts of interest. The unprecedented growth in AI funding is prompting investors to reconsider their strategies, with founders advised to scrutinize conflict-of-interest policies before signing agreements.

BlackRock

With AI, investor loyalty is (almost) dead: at least a dozen OpenAI VCs now also back Anthropic

Founders 100 ETF(FFF.US)

09:57 ET/C O R R E C T I O N -- Exchange Traded Concepts, LLC/

Founders Fund nears $6 billion close for latest growth fund, sources say

With AI, investor loyalty is (almost) dead: at least a dozen OpenAI VCs now also back Anthropic