Hundreds of new pro sports team ETFs lead world of retail investing to the edge of gambling
Source:
cnbc
October 8, 2026 · 05:15
From the publisher
Sports teams are big businesses, but new exchange-traded funds that allow investors to bet on MLB and NHL team performance look more like gambling, experts say.
About the source
CNBC
The Consumer News and Business Channel (CNBC) is an American business news channel owned by Versant. The network broadcasts live business news and analysis programming during the morning, daytime business day, and early-evening hours, with the remaining hours filled by business-related documentaries and reality television programming, as well as occasional sports presentations from USA Sports. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and…
Wikidata Q1023912
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