The PPShow

586 readers

1 users here now

New home for the PPshow

founded 1 year ago

MODERATORS

Hey_ross

They are shutting down the MEME ETF on a date I keep seeing… (lemmy.world)

submitted 1 year ago by mamuter to c/theppshow

7 comments fedilink hide all child comments

Here is the link to the story

top 7 comments

sorted by: hot top controversial new old

[–] rezz 8 points 1 year ago* (last edited 9 months ago) (2 children)

Uninformed: where else is this date and why?

[–] mamuter 8 points 1 year ago

A couple different things, but this is the main one. Swap due the following day

https://lemmy.world/post/8752110

[–] manbeef 5 points 1 year ago

Pulte meetup date as well. Very likely just a coincidence, but maybe not.

[–] mamuter 5 points 1 year ago (1 children)

I think the basket is about to run and they don’t want to make it easy for retail to profit off of it. GME is running today.

[–] Tramskivroto 2 points 1 year ago* (last edited 1 year ago)

IMHO "run" is an understatement, I prefer it's about to blow the tits off of the market. It is my belief the RC & Company's strategy was implemented to capitalize off of this "event".

[–] jan21ape 4 points 1 year ago (1 children)

what happens to short positions against the ETF?

[–] [email protected] 1 points 1 year ago

Does it even matter if the ETF shares were created without buying the underlying?