Report: Market’s SPAC Attack Spreads to ETFs; What Should Investors Do?

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Wall Street’s fascination with SPACs has spread to the exchange-traded funds market, The Wall Street Journal reports today.

Three new ETFs are vying for investor dollars to play the market’s newest obsession: betting that selling startup companies to private-equity pros and other financial players will prove to be a better way to fund growth companies than the traditional initial public offering.

But will small fry make money on these funds, or succumb to a SPAC attack? Read more.

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