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%....