Cathie Wood Says New ETF Is Radically Transparent

The video discusses an ETF based on transparency metrics developed by Paul Pignato, author of 'The Transparency Wave'. The ETF includes 100 transparent companies and is equally weighted. The focus is on radical transparency, sharing research, and engaging with communities. Questions are raised about the exclusion of banks and the ETF's volatility. The ETF is positioned as an impact investment, emphasizing innovation and transparency.

Why are banks excluded from the ETF mentioned in the text?

What impact do the companies in the ETF aim to have on the world?