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Sports team performance-tracking ETFs emerge, sparking debate between investing and gambling

CNBC ·

  1. 1Asset managers have applied to the SEC for hundreds of ETFs that track sports team season statistics.
  2. 2Rex announced the establishment of Alpha Sports Holdings on September 21 and applied for BaseballShares and HockeyShares.
  3. 3Amplify ETFs applied for the Amplify Pro Sports Private Public Ownership ETF on September 22.

So what's the key point?

Asset managers have applied to the SEC for hundreds of ETFs that track the season statistics of sports teams.

Source CNBC · View original ↗

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