Practical knowledge may seem dull in everyday life, but you’ll appreciate it when you run into trouble.
Today’s lesson: ETF creation and redemption
When market websites talk about an ETF’s “net inflows,” they mean the monetary value of the shares created over a given period minus the shares redeemed.
Before trading an ETF, check its fees, trading volume, and usual premium or discount levels—don’t judge it by its name alone.
The shares of a Bitcoin spot ETF are backed by the issuer’s actual holdings of $BTC .
#BTC
Today’s lesson: ETF creation and redemption
When market websites talk about an ETF’s “net inflows,” they mean the monetary value of the shares created over a given period minus the shares redeemed.
Before trading an ETF, check its fees, trading volume, and usual premium or discount levels—don’t judge it by its name alone.
The shares of a Bitcoin spot ETF are backed by the issuer’s actual holdings of $BTC .
#BTC
