SPAC ETF Could Have Its Moment In 2021 As Blank-Check Fever Continues
Second, broader SPAC enthusiasm could remain in place because with limited downside risk and massive upside potential, the asset class is alluring in today's low interest rate environment.
Finally, there's obviously an audience for blank-check names among retail investors, but many don't want to stock pick in this universe. However, only a handful of other ETFs feature decent SPAC exposure, meaning SPAK enjoys first mover, “only game in town” advantages.
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