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

October 8, 2026

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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.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.

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

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