Hundreds of new pro sports team ETFs lead world of retail investing to the edge of gambling

Trade-News.com brief · 1h ago · 1 min read · via cnbc.com

Sports teams are big businesses, but new exchange-traded funds that allow investors to bet on MLB and NHL team performance look more like gambling, experts say.

Sports teams are big businesses, but new exchange-traded funds that allow investors to bet on MLB and NHL team performance look more like gambling, experts say. This story matters for Finance & Markets readers tracking trade. Reported by cnbc.com. Read the full original at the source link below.

Originally reported by cnbc.com. Trade-News.com curates and briefs the finance & markets stories that matter. Our editorial policy →
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