After an initial burst of new ETFs tracking SPACs, the next wave of products will offer ways to bet against them, Bloomberg reports.
Tuttle Tactical Management is planning to start a De-SPAC exchange-traded fund that would include the 25 largest companies based on market capitalization that have merged with special purpose acquisition companies, according to a regulatory filing. There’s also a Short De-SPAC ETF which provides the inverse of the first product. Read more.
