$16 Billion Cash ETF Market Gets New Challenger from GraniteShares
GraniteShares launches LBOX, a low-cost ETF targeting the $10.7 billion box spread ETFs market with T-bill-like returns and a tax-aware strategy.
A new investment fund called LBOX just launched to compete with other funds that hold super-safe short-term government bonds and offer tax benefits. When lots of choices appear in one area, it usually means companies see opportunity and think investors care about that option.
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