TLDR Fintech · LAUNCHES & PRODUCTS
CORGI USES AI TO CHALLENGE BLACKROCK AND SPARK A NEW ETF FEE WAR
Summary from the TLDR Fintech newsletter
Corgi Invest, the ETF arm of fintech startup Corgi Insurance, has launched 197 ETFs since December and expects to surpass BlackRock in total US ETF count by year-end, using AI to accelerate regulatory filings and product launches. The company is also undercutting competitors on fees across buffered income, leveraged, and single-stock ETFs, betting that lower costs and a vertically integrated insurance-float strategy can help it win assets over time.