Hundreds of new pro sports team ETFs lead world of retail investing to the edge of gambling

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.

Oct 8, 2026 - 16:00
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Hundreds of new pro sports team ETFs lead world of retail investing to the edge of gambling
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.

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