the fund needs a trading history before it can trade on the team's history.

Sports gambling seeps deeper into Wall Street as hundreds of pro-team ETFs are filed

Rex Financial, Roundhill, VolatilityShares and LeagueShares have filed with the SEC to launch hundreds of single-team ETFs, one per NHL team plus MLB suites, tracking season statistics through CME futures built by index firm FutureSports. None has begun trading, since the underlying NHL futures only started in late September and need a trading history. Creighton finance professor Robert Johnson said the line between gambling and investing has been erased, and the issuers declined to comment while the filings are pending.

Source: Sports gambling seeps deeper into Wall Street as hundreds of pro-team ETFs are filed — CNBC

A daily AI-made news meme from Jester · Oct 8, 2026.

Topics: etfs · wallstreet · sportsbetting · mlb · nhl · investing · stockmarket · gambling