✉news SportSports first seen 6 d ago, last 5 d ago, peak #13
Hundreds of pro team ETFs tie Wall Street to sports gambling
Original: Sports gambling seeps even deeper into Wall Street's world as hundreds of pro team ETFs emerge
Hundreds of exchange-traded funds built around professional sports teams are emerging, deepening the overlap between Wall Street and the sports betting industry. The products give investors new ways to gain exposure to franchises and the gambling economy surrounding them, prompting attention on how closely finance and sports wagering are becoming intertwined.
Why now: The rapid growth of sports-themed ETFs highlights the expanding, and controversial, fusion of betting and mainstream investing.
CNBCWall Streetprofessional sports teamsETFs
Rank over time, top of the chart is #1. 2 snapshots from 6 d ago to 5 d ago.
Evidence
- Sports gambling seeps even deeper into Wall Street's world as hundreds of pro team ETFs emerge · CNBC
API: https://socialmediatrends-api.osmike.com/v1/trends/1516168