Blockchain industry trivia: ETF subscription and redemption
Each trading day, an ETF calculates its net asset value (NAV) per share based on the assets it holds. When the trading price is above NAV, it is called a premium; when it is below NAV, it is called a discount.
What market websites often refer to as ETF “net inflow” means the amount corresponding to the shares subscribed during a period minus the amount corresponding to redeemed shares.
Behind the shares of a spot Bitcoin ETF are the $BTC actually held in custody by the issuer. Current 79913.87.
No guarantee this is correct; make your own judgment.
Each trading day, an ETF calculates its net asset value (NAV) per share based on the assets it holds. When the trading price is above NAV, it is called a premium; when it is below NAV, it is called a discount.
What market websites often refer to as ETF “net inflow” means the amount corresponding to the shares subscribed during a period minus the amount corresponding to redeemed shares.
Behind the shares of a spot Bitcoin ETF are the $BTC actually held in custody by the issuer. Current 79913.87.
No guarantee this is correct; make your own judgment.
