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U.S. Wheat ETF Runs Out of Shares Due to Rush of Demand

  • Teucrium Wheat Fund saw its largest inflows since inception
  • WEAT was forced to temporarily halt its creation of shares

Until this month, the only U.S. exchange-traded fund tracking wheat had never lured more than $35 million in a single day. On Friday alone, it added five times that amount. 

The Teucrium Wheat Fund (ticker WEAT) gathered almost $183 million at the end of last week as futures soared following Russia’s invasion of Ukraine. That historic flow caused an unusual problem for the ETF -- it ran out of shares.