SPAC Mania Gives Way to ‘Meh’ as ETFs Drop Toward All-Time Lows: Report

Blank check company

The once red-hot SPAC market has gone cold, Bloomberg reports in an article examining the drop in blank-check exchange-traded funds.

Two of the biggest ETFs tracking the hundreds of SPACs that popped up over the past year, as the financial structures went from bit player to center stage, are trading at or near all-time lows. Read more.

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