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September 01, 2020 10:18am
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A Bearish ETF Strategy Has Capitalized on the Downfall of SPACs

The hype around special purpose acquisition companies (SPACs) is cooling down, with a bearish exchange traded fund bet on SPACs capitalizing on the falling interest. Over the past three months, the Short De-SPAC ETF (NYSE: SOGU) increased 38.4%, whereas the De-SPAC ETF (NYSE: DSPC) declined 34.7%....
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