Knowledge card: ETF creation and redemption
Each trading day, an ETF calculates its net asset value (NAV) per share based on the assets it holds. A trading price above NAV is called a premium; below NAV, a discount.
When tracking ETF fund flows, focus on cumulative trends over several weeks. Large inflows or outflows on a single day are often due to portfolio rebalancing by an individual institution.
Behind the shares of a spot Bitcoin ETF is the $BTC actually held by the issuer.
Please do your own research before placing an order.
Each trading day, an ETF calculates its net asset value (NAV) per share based on the assets it holds. A trading price above NAV is called a premium; below NAV, a discount.
When tracking ETF fund flows, focus on cumulative trends over several weeks. Large inflows or outflows on a single day are often due to portfolio rebalancing by an individual institution.
Behind the shares of a spot Bitcoin ETF is the $BTC actually held by the issuer.
Please do your own research before placing an order.