Ben Fulton on Active ETFs & ETF Share Class Risks
- Ben Fulton unpacks what “active” really means in ETFs, the risks around share class rules and why industry consolidation may be inevitable.
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Ben Fulton, ETF pioneer and CEO of WEBs Investments, sits down with etf.com Senior Analyst Sumit Roy to challenge the hype around “active” ETFs.
He explains why the real dividing line isn’t active vs. passive—it’s transparent vs. non-transparent.
Ben also shares his blunt views on the looming SEC decision on ETF share classes, calling it a potential “Y2K moment” if tax benefits don’t flow to mutual fund shareholders.
He also provides a candid take on the overcrowded ETF industry and why a wave of consolidation is long overdue.
