Morgan Creek – Exos Active SPAC Arbitrage ETF (CSH US), which was brought to market just one year ago in February 2022, is due to cease operations, liquidate its assets, and distribute the proceeds to shareholders March 24, reports ETF Strategy.
Despite the current strains, some analysts have stated that the SPAC market will settle at some point in the future as a smaller, more efficient segment, offering overall better quality for investors. Read more.