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Are retail investment trends impacting institutional investors?
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Virtual blockchain event REIMAGINE returns August 15-17 featuring Erik Voorhees, Sam Bankman-Fried, Mark Yusko and more
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The Bitcoin Dilemma Movie by Futurist Ian Khan delivers clarity on the Rise of Cryptocurrency & emerging NFT Economy - Online Free Press release news distribution
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Market Cap Vs Fundamentals: How ETF Weighting Strategies Could Impact the Average Investor
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But average SPAC deal size is climbing, sparking hope for SPAC-based ETF issuer Mark Yusko that these new investment vehicles still have legs. The size of an IPO, whether it s a traditional IPO or a SPAC, is absolutely a proxy for quality. And the size of the average SPAC has been rising. The size of the average IPO has been falling, the CEO and chief investment officer of Morgan Creek Capital Management told CNBC s ETF Edge on Monday.
Morgan Creek helps run the Morgan Creek - Exos SPAC Originated ETF (SPXZ), an actively managed basket with two-thirds of its assets in post-merger SPACs. Its largest holdings are in U.S. Treasury bills, Paya Holdings and MP Materials. It also holds shares of 23andMe, Utz Brands and Virgin Galactic.