StockNews.AI
SPC
StockNews.AI
25 days

CrossingBridge Pre-Merger SPAC ETF (Nasdaq: SPC) Designates Cash Creation/Redemption the Default Order Type in Effort to Reduce Trading Volatility and Enhance Liquidity

1. SPC ETF implements cash payment methods for creations and redemptions. 2. Structural change aims to reduce trading volatility and enhance liquidity. 3. ETF targets pre-merger SPACs, focusing on downside risk mitigation. 4. Price stability relative to NAV is a key goal of the changes. 5. CrossingBridge manages over $4 billion, prioritizing capital preservation.

5m saved
Insight
Article

FAQ

Why Bullish?

Improved liquidity and reduced volatility may lead to increased investor confidence. Historical instances show similar changes positively influenced SPAC fund performance.

How important is it?

The changes directly affect trading conditions for SPC, boosting its attractiveness to investors.

Why Short Term?

The immediate effect on trading dynamics and investor behavior is anticipated. Historically, liquidity enhancements have quick impacts on ETF prices.

Related Companies

SPACBZMDIPOE
, /PRNewswire/ -- CrossingBridge Advisors, LLC ("CrossingBridge") announced today that it has made a structural change to the CrossingBridge Pre-Merger SPAC ETF (Nasdaq: SPC) by designating cash creations and cash redemptions as the default standard payment method, rather than in-kind transactions. This adjustment is intended to help reduce trading volatility and enhance liquidity for market makers and investors. The change aligns with CrossingBridge's ongoing commitment to improving the trading experience for shareholders and maintaining price stability relative to the Fund's net asset value (NAV). "We've observed that the ETF's market pricing has experienced a larger disparity from NAV than is typical, and we want to be responsive," said David Sherman, Portfolio Manager and CIO of CrossingBridge Advisors. "By shifting to cash creations and redemptions, we aim to provide a more consistent and efficient trading experience for investors—closer to the Fund's historical trading patterns." The CrossingBridge Pre-Merger SPAC ETF is actively managed and primarily invests in SPACs that have not yet completed a business combination. The Fund seeks to capture the fixed income nature of pre-merger SPACs, while emphasizing downside risk mitigation. For more information about the CrossingBridge Pre-Merger SPAC ETF, please visit: www.crossingbridgefunds.com/spac-etf About CrossingBridge Advisors – As of June 30, 2025, CrossingBridge managed in excess of $4.0 billion specializing in investment grade & high yield corporate debt with an emphasis on ultra-short & low duration strategies as well as credit opportunities. The Firm's core philosophy is "Return of Capital is more important than Return on Capital". The prospectus for the CrossingBridge Pre-Merger SPAC ETF can be found by clicking here. Investing involves risk. Principal loss is possible. CrossingBridge Advisors, LLC is the Adviser to the CrossingBridge Pre-Merger SPAC ETF, which is distributed by Foreside Fund Services, LLC. SOURCE CrossingBridge Advisors, LLC WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News