According to Eric Balchunas, Defiance has filed for a new ETF named $TRIL, which will encompass companies with market capitalizations exceeding one trillion dollars. The current list includes the 'Mag 7' and Berkshire Hathaway. This ETF could present new trading opportunities for investors focusing on large-cap stocks, offering exposure to the most financially robust companies as identified by their market cap. Source: Eric Balchunas via Twitter.