ETFMG teams up with UFC heavyweight

ETFMG teams up with UFC heavyweight

Summit-based ETFMG Alternative Harvest ETF MJ – issued by ETF Managers Group, a group family of exchange traded funds – announced it will sponsor Ultimate Fighting Championship heavyweight Alexey Oleynik.

“The Boa Constrictor” Oleynik is one of the top heavyweights in the world and is a career mixed martial artist. He takes on Walt Harris in UFC Fight Night 150 on May 4, in Ottawa, Canada.

MJ is the largest cannabis exchange-traded fund in the world and the first and only U.S. listed ETF to target the global cannabis industry directly. MJ joined the “billion-dollar club” on Feb. 4, surpassing $1 billion in assets under management.

“MJ is a heavyweight in the ETF industry,” said Oleynik. “It has had a great deal of success and I look forward to watching it continue to knock out its competition. My wife and I are excited to be able to represent a world-class financial group like ETFMG and a product like MJ.”