SPXZ - First De-SPAC ETFs hit the market: DSPC & SOGU

Tuttle Capital Management is set to launch two new exchange traded funds Wednesday, The De-SPAC ETF (DSPC) and The Short De-SPAC ETF (SOGU). They will be the first De-SPAC pure-play exchange traded funds that hit the marketplace.Investors have seen multiple ETFs that provide exposure to recent SPAC deals that are headed for an upward trajectory like (SPCX), (SPAK), and (SPXZ). Now market participants will have the opportunity to exploit the other side of the coin and take advantage of SPACs sliding to the downside.DSPC is intended to follow the performance of the De-SPAC Index, which is an equally weighted selection of twenty-five of the largest de-SPACs on a rolling twelve-month basis. Additionally, the De-SPAC Index will rebalance itself on a month-to-month basis. SOGU, on the other hand, is designed to offer a -1X inverse return of the De-SPAC Index for a single day.Per PR Newswire, Tuttle Capital Management stated: "To frame the

For further details see:

First De-SPAC ETFs hit the market: DSPC & SOGU