Business

Wall Street wants to turn sports betting into ETFs. Critics call it dangerous ‘nonsense.’

MarketWatch · August 18, 2026 at 12:48 PM

Wall Street wants to turn sports betting into ETFs. Critics call it dangerous ‘nonsense.’

The convergence of investing, trading and sports betting may be getting a major shot in the arm — or shot on goal — starting with 32 new exchange-traded funds.

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Wall Street wants to turn sports betting into ETFs. Critics call it dangerous ‘nonsense.’

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