Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced that the Tema Electrification ETF (NASDAQ: VOLT) has surpassed $500 million in assets under management (AUM). This milestone was achieved less than 18 months after VOLT’s December 2024 listing and reflects growing investor demand for exposure to the rising electrification theme.
TXNM Energy, Inc. (NYSE: TXNM) will be acquired by Blackstone Infrastructure for $61.25 per share in cash, representing a 23.0% premium. Total enterprise value is $11.5 billion, with no new debt expected. Transaction to close in second half of 2026.
Tema ETFs (“Tema”) is excited to announce the launch of the Tema Electrification ETF (VOLT), on Nasdaq. VOLT is the first ETF globally seeking to provide long-term growth by investing in companies that benefit from the electrification megacycle. AI, mobility, digitization, and reindustrialization are all accelerating power demand for the first time in decades, unlocking trillions of dollars in investment across the electrification value chain. The VOLT portfolio will be managed by Chris Semenuk, who has 25 years’ experience, managing $5bn in global equities at TIAA. Chris also manages the Tema American Reshoring ETF (RSHO), which since inception has delivered +66.26% return, ahead of the S&P 500 (+41.46%) and S&P 400 (+49.82%).
