📋 Blockchain Industry | ETF Creation and Redemption
· What it is: ETF management fees are charged at an annualized rate and accrued daily from the fund’s assets. They are reflected in the net asset value (NAV) and are not charged separately to investors.
· How to understand it: When the premium or discount is too large, authorized participants can arbitrage by creating or redeeming ETF shares. This arbitrage can push the trading price back toward the NAV.
· In practice: When tracking ETF fund flows, focus on the cumulative direction over several weeks. Large inflows or outflows on a single day are often due to portfolio rebalancing by individual institutions.
$BTC 79754.01（-1.02%）
#BTC
· What it is: ETF management fees are charged at an annualized rate and accrued daily from the fund’s assets. They are reflected in the net asset value (NAV) and are not charged separately to investors.
· How to understand it: When the premium or discount is too large, authorized participants can arbitrage by creating or redeeming ETF shares. This arbitrage can push the trading price back toward the NAV.
· In practice: When tracking ETF fund flows, focus on the cumulative direction over several weeks. Large inflows or outflows on a single day are often due to portfolio rebalancing by individual institutions.
$BTC 79754.01（-1.02%）
#BTC