RE: The SPAC Attack On Public Markets

I wrote about SPACs some days ago and the statistic I found was not in SPACs favour. Shure, some went up a lot, some down BUT avarage was down. So it had been better to buy indexfund.

That makes me wondering - why still SPACs grow. It feels totaly wrong that people want to invest even if the statistic tells them that it is the wrong way. But as you say - It is like the ICO 2017. And as long people dont find any other thing to invest in , they take SPAC. I wish the get eyes on crypto instead.