Investors may soon be able to access the growing hype around SPAC offerings with the launch of a new exchange-traded fund.
The Defiance NextGen SPAC IPO ETF plans to be the first such instrument tracking the newly popular offerings, according to a Friday SECSPACInsider.comIf the ETF comes to market, it will boast an 80% concentration in SPAC-derived IPO offerings. The rest of the ETF would invest in IPO companies themselves.The surging popularity of special-purpose acquisition companies, or SPACs, has exchange-traded fund providers rushing to capitalize on the trend.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs' guide to the hot SPAC market and why investors should be carefulNew for subscribers: Goldman Sachs' guide to the hot SPAC market and why investors should be careful Check out CNBCPro for a free trial. Pro SPAC Just remember, this is a pig in a poke. As they expand the possibility of buying into Large Liability Corporation increases. Pro Every time I see Bill I can't but think how brave he was to run into a mean locker room to get his father. He truly is one of the unsung heroes of the world.😂😂😂🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »
Goldman Sachs' guide to the hot SPAC market and why investors should be carefulNew for subscribers: Goldman Sachs' guide to the hot SPAC market and why investors should be careful Check out CNBCPro for a free trial. Pro SPAC Just remember, this is a pig in a poke. As they expand the possibility of buying into Large Liability Corporation increases. Pro Every time I see Bill I can't but think how brave he was to run into a mean locker room to get his father. He truly is one of the unsung heroes of the world.😂😂😂🤣🤣🤣
Source: CNBC - 🏆 12. / 72 Read more »
Stock market crash risks after COVID-19 vaccine is available: SocGen - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. HEPA and NBLX are my stock picks. Great buy. Good outlook.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Iran's stock market surges past key level to record high, as analysts warn of bubbleIran's main stock index broke through the key 2 million point mark for the first time ever on Sunday, state media reported, amid warnings that the market is overheating. Stock markets worldwide are pumping amidst record unemployment and impending catastrophic recession Literally, literally the first time I've seen a headline that suggested stock market growth was a potential risk. I can't imagine why. Pop
Source: Reuters - 🏆 2. / 97 Read more »
5 things to know before the stock market opens on MondayStock futures rose as the corporate earnings season continued and traders looked for signs of progress on coronavirus stimulus negotiations. 3 things to know everyday before the stock market opens - BUY ! BUY !! BUY !!! Remember suits? Bullish .
Source: CNBC - 🏆 12. / 72 Read more »