Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down

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Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down

Bloomberg2021-04-08

Two firms plan actively managed funds tracking SPAC space Hot growth areas take hit with yields rising, value rotation The mania around special purpose acquisition companies isfizzling, but ETF ...

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Kevin92
·2021-04-09
Nice
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jazinfinity
·2021-04-09
Spacs FTW!
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- jazinfinity:
  please like and comment. thanks
  2021-04-09
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BpchuA
·2021-04-09
Cool
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- Kevin92:
  Nice
  2021-04-09
  Reply
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AdrianTan
·2021-04-09
Be very careful with SPACs...
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- Bosschew:
  [财迷]
  2021-04-09
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- 2021koon:
  agree!
  2021-04-09
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Daniel Tay
·2021-04-09
I think SPAC will continue to be part of the equities..
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K74
·2021-04-09
Signs of bubble?
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- A蔓妲:
  really?
  2021-04-09
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nosferatu
·2021-04-09
yes
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Jo2021
·2021-04-09
This is a bad sign...
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AhShui
·2021-04-09
Oh no
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BerySu
·2021-04-09
kindly give me a like & a comment please, thank you very much.
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- BerySu:
  thanks
  2021-04-09
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- GraceChan:
  ok
  2021-04-09
  Reply
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Nicolas_Lim_
·2021-04-09
good read
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Rache13
·2021-04-08
Ooh
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","article_id":"1112390291","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","pubTimestamp":1617895205,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"translate_title":"即使SPAC热降温，空白支票ETF仍在不断出现","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":348689178,"gmtCreate":1617925921894,"gmtModify":1704704820550,"author":{"id":"3576274545052910","authorId":"3576274545052910","name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3576274545052910","idStr":"3576274545052910"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348689178","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348606397,"gmtCreate":1617923737219,"gmtModify":1704704770232,"author":{"id":"3577229603264633","authorId":"3577229603264633","name":"jazinfinity","avatar":"https://static.tigerbbs.com/1208221a570d94e334b2d76cd0baf1d6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3577229603264633","idStr":"3577229603264633"},"htmlText":"Spacs FTW!","listText":"Spacs FTW!","text":"Spacs FTW!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348606397","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3990533,"gmtCreate":1617923767631,"gmtModify":1680783363904,"authorId":3577229603264633,"author":{"id":3577229603264633,"idStr":"3577229603264633","authorId":3577229603264633,"name":"jazinfinity","avatar":"https://static.tigerbbs.com/1208221a570d94e334b2d76cd0baf1d6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348606397,"type":1,"supId":0,"prevId":0,"content":"please like and comment. thanks","text":"please like and comment. thanks","html":"please like and comment. thanks"}],"langContent":"EN"},{"id":348877471,"gmtCreate":1617923398093,"gmtModify":1704704763381,"author":{"id":"3575867013914101","authorId":"3575867013914101","name":"BpchuA","avatar":"https://static.tigerbbs.com/dd3500e66cc249b4480fcc30d7cd6409","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575867013914101","idStr":"3575867013914101"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348877471","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3990960,"gmtCreate":1617925917310,"gmtModify":1680783372236,"authorId":3576274545052910,"author":{"id":3576274545052910,"idStr":"3576274545052910","authorId":3576274545052910,"name":"Kevin92","avatar":"https://static.tigerbbs.com/c5ff4addbbdb8d9d15fec29f9709b0c3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348877471,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":348875824,"gmtCreate":1617923206468,"gmtModify":1704704760312,"author":{"id":"3568507662870938","authorId":"3568507662870938","name":"AdrianTan","avatar":"https://static.tigerbbs.com/b06609749cdea7e2f50b9bc7231997dc","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3568507662870938","idStr":"3568507662870938"},"htmlText":"Be very careful with SPACs...","listText":"Be very careful with SPACs...","text":"Be very careful with SPACs...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/348875824","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3990572,"gmtCreate":1617923966731,"gmtModify":1680783367090,"authorId":3574248026135887,"author":{"id":3574248026135887,"idStr":"3574248026135887","authorId":3574248026135887,"name":"Bosschew","avatar":"https://static.tigerbbs.com/7d211d67f3446f293c8d0bdf997979ab","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348875824,"type":1,"supId":0,"prevId":0,"content":"[财迷]","text":"[财迷]","html":"[财迷]"},{"id":3990652,"gmtCreate":1617924344246,"gmtModify":1680783366721,"authorId":3575363327829260,"author":{"id":3575363327829260,"idStr":"3575363327829260","authorId":3575363327829260,"name":"2021koon","avatar":"https://static.tigerbbs.com/ad08d3b98fb2d860daf2e2b2916dc11e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348875824,"type":1,"supId":0,"prevId":0,"content":"agree!","text":"agree!","html":"agree!"}],"langContent":"EN"},{"id":348876579,"gmtCreate":1617923100991,"gmtModify":1704704758368,"author":{"id":"3573623220650432","authorId":"3573623220650432","name":"Daniel Tay","avatar":"https://static.tigerbbs.com/084a34a7e85f0f077a0253b0ee1a1dbc","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3573623220650432","idStr":"3573623220650432"},"htmlText":"I think SPAC will continue to be part of the equities..&nbsp;","listText":"I think SPAC will continue to be part of the equities..&nbsp;","text":"I think SPAC will continue to be part of the equities..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348876579","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348847893,"gmtCreate":1617922439712,"gmtModify":1704704748992,"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574026189533561","idStr":"3574026189533561"},"htmlText":"Signs of bubble?","listText":"Signs of bubble?","text":"Signs of bubble?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348847893","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3990449,"gmtCreate":1617923126015,"gmtModify":1680783364817,"authorId":3577651105058225,"author":{"id":3577651105058225,"idStr":"3577651105058225","authorId":3577651105058225,"name":"A蔓妲","avatar":"https://static.tigerbbs.com/67011bc9ee75299633a6a00c16800337","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348847893,"type":1,"supId":0,"prevId":0,"content":"really?","text":"really?","html":"really?"}],"langContent":"EN"},{"id":348845727,"gmtCreate":1617922180769,"gmtModify":1704704747051,"author":{"id":"3573969380135724","authorId":"3573969380135724","name":"nosferatu","avatar":"https://static.tigerbbs.com/87ad6e123460802cc5d376214269cd69","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3573969380135724","idStr":"3573969380135724"},"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348845727","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348853552,"gmtCreate":1617920600076,"gmtModify":1704704726137,"author":{"id":"3571917985322875","authorId":"3571917985322875","name":"Jo2021","avatar":"https://static.tigerbbs.com/d186b317dbe61e4c143700353fa1277c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3571917985322875","idStr":"3571917985322875"},"htmlText":"This is a bad sign...&nbsp;","listText":"This is a bad sign...&nbsp;","text":"This is a bad sign...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348853552","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348822922,"gmtCreate":1617919600666,"gmtModify":1704704717637,"author":{"id":"3572250480206178","authorId":"3572250480206178","name":"AhShui","avatar":"https://static.tigerbbs.com/e17900eb752bb98a2a90b76a16717e3c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3572250480206178","idStr":"3572250480206178"},"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348822922","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348820175,"gmtCreate":1617918459897,"gmtModify":1704704710034,"author":{"id":"3546930995300503","authorId":"3546930995300503","name":"BerySu","avatar":"https://static.tigerbbs.com/3c3802c0d320bab512162287a76a2688","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3546930995300503","idStr":"3546930995300503"},"htmlText":"kindly give me a like &amp; a comment please, thank you very much.","listText":"kindly give me a like &amp; a comment please, thank you very much.","text":"kindly give me a like & a comment please, thank you very much.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/348820175","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3992159,"gmtCreate":1617932181105,"gmtModify":1680783387386,"authorId":3546930995300503,"author":{"id":3546930995300503,"idStr":"3546930995300503","authorId":3546930995300503,"name":"BerySu","avatar":"https://static.tigerbbs.com/3c3802c0d320bab512162287a76a2688","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348820175,"type":1,"supId":3990323,"prevId":0,"content":"thanks","text":"thanks","html":"thanks"},{"id":3990323,"gmtCreate":1617922059089,"gmtModify":1680783357967,"authorId":3569554330947500,"author":{"id":3569554330947500,"idStr":"3569554330947500","authorId":3569554330947500,"name":"GraceChan","avatar":"https://static.tigerbbs.com/81c02019bb8fa5f8e43df505dfbe5c64","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":348820175,"type":1,"supId":0,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":348865343,"gmtCreate":1617917748882,"gmtModify":1704704705347,"author":{"id":"3575267591947467","authorId":"3575267591947467","name":"Nicolas_Lim_","avatar":"https://static.tigerbbs.com/81814c9fedb93438bfff33b7876bf7ce","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3575267591947467","idStr":"3575267591947467"},"htmlText":"good read","listText":"good read","text":"good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348865343","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":348146580,"gmtCreate":1617897038640,"gmtModify":1704704610617,"author":{"id":"3573532802717234","authorId":"3573532802717234","name":"Rache13","avatar":"https://static.tigerbbs.com/ccf273862879d166aad5128bba7a8589","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573532802717234","idStr":"3573532802717234"},"htmlText":"Ooh","listText":"Ooh","text":"Ooh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/348146580","repostId":1112390291,"repostType":4,"repost":{"id":"1112390291","pubTimestamp":1617895205,"share":"https://ttm.financial/m/news/1112390291?lang=&edition=fundamental","pubTime":"2021-04-08 23:20","market":"us","language":"en","title":"Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down","url":"https://stock-news.laohu8.com/highlight/detail?id=1112390291","media":"Bloomberg","summary":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields risi","content":"<ul>\n <li>Two firms plan actively managed funds tracking SPAC space</li>\n <li>Hot growth areas take hit with yields rising, value rotation</li>\n</ul>\n<p>The mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.</p>\n<p>Two firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the&nbsp;peak, five SPACs were launching each day, accounting for half of the&nbsp;record sum&nbsp;raised by initial public offerings in the first quarter.</p>\n<p>That zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.</p>\n<p>Still, new funds keep coming down the pipeline.Robinson Capital Management&nbsp;is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.</p>\n<p>The Cowen SPAC ETF by&nbsp;Cowen Prime&nbsp;Advisors&nbsp;plans to offer a similar strategy and is also actively-managed.</p>\n<p>“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”</p>\n<p></p>\n<p>Three other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).</p>\n<p>SPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.</p>\n<p>Tuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would&nbsp;track&nbsp;the 25 largest companies that have merged with SPACs, as well as a product that best against them.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Blank-Check ETFs Keep Coming Even as SPAC Fever Cools Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBlank-Check ETFs Keep Coming Even as SPAC Fever Cools Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 23:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-08/blank-check-etfs-keep-coming-even-as-spac-fever-cools-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112390291","content_text":"Two firms plan actively managed funds tracking SPAC space\nHot growth areas take hit with yields rising, value rotation\n\nThe mania around special purpose acquisition companies isfizzling, but ETF issuers are still trying to cash in.\nTwo firms this week have filed to launch exchange-traded funds based around so-called blank-check companies, which have soared in popularity during the past year as a speculative bet on future superstar stocks. At the peak, five SPACs were launching each day, accounting for half of the record sum raised by initial public offerings in the first quarter.\nThat zeal has faded in the face of sharp SPAC selloffs in recent months, as rising Treasury yields pressure the long-term earnings prospects of such growth plays and investors rotate into value and cyclical names. SPAC offerings are on track for their slowest two-week period since the end of 2020 and current ETFs tracking the space have each plunged more than 10% from their highs.\nStill, new funds keep coming down the pipeline.Robinson Capital Management is planning the Robinson Active Premerger SPAC ETF, ticker SPAX, an actively-managed fund which would invest primarily in U.S.-listed SPACs with a minimummarket capof $100 million.\nThe Cowen SPAC ETF by Cowen Prime Advisors plans to offer a similar strategy and is also actively-managed.\n“Interest will grow,” said Mohit Bajaj, director of ETFs for WallachBeth. “The market in general has been volatile all year, so it is no surprise to see a pullback in some of the niche ETFs, but the space will continue to grow as new issues do come out.”\n\nThree other SPAC ETFs are currently trading: the $71 million Defiance NextGen SPAC Derived ETF (SPAK), launched in October, followed by the $31 million Morgan Creek – Exos SPAC Originated ETF (SPXZ) and the $145 million SPAC and New Issue ETF (SPCX).\nSPAK and SPXZ have each dropped more than 20% from their February peaks, while SPCX is down 11% in the same period.\nTuttle Tactical Management -- the firm behind SPCX -- is also planning a De-SPAC fund that would track the 25 largest companies that have merged with SPACs, as well as a product that best against them.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":36,"commentSize":12,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}