Venezuela's stock exchange has doubled this week and an ETF may follow.

Venezuelan stocks more than doubled this week after the ouster of Nicolás Maduro, and Teucrium filed an application with the SEC for a Venezuela Exposure ETF that aims to track companies with significant ties to the country.

Venezuelan stocks have surged this week following the ouster of former President Nicolás Maduro, and the timing has coincided with a new ETF filing. Teucrium filed for a Venezuela Exposure ETF with the U.S. Securities and Exchange Commission just days after Maduro's rendition to the U.S. The proposed fund aims to track the total return of companies with significant exposure to Venezuela. The country's recent market moves come after years of economic strain, sanctions, and a long-standing debt default. Key facts: - The Teucrium Venezuela Exposure ETF application was filed with the SEC days after Maduro's rendition to the U.S., and it aims to track the total return of companies with significant exposure to Venezuela. - The Venezuela IBC Index more than doubled this week, standing above 4,400, about 2,300 points (110%) higher than its year-end level of 2,082. - The article mentions that Wall Street largely avoided Venezuela after years of heavy public spending, falling oil prices, and heavy U.S. sanctions, and that the country defaulted on its sovereign debt in 2017. - The article mentions Fidelity Investments and T. Rowe Price as reported holders of some Venezuelan defaulted bonds. - Teucrium's filing warns that U.S. sanctions or the threat of broader sanctions could reduce the value and liquidity of Venezuelan securities and weaken the bolivar. Summary: The market jump has renewed investor interest in Venezuela, with some attention on potential debt restructuring and the country's oil reserves. A Teucrium ETF application offers a formal vehicle for exposure but includes explicit warnings about sanction and currency risks. Undetermined at this time.