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

submitted 11 months ago by mamuter@lemmy.world to c/theppshow@lemmy.world

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@lemmy.world 8 points 11 months ago

Uninformed: where else is this date and why?

[-] mamuter@lemmy.world 8 points 11 months ago

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

https://lemmy.world/post/8752110

[-] manbeef@lemmy.world 5 points 11 months ago

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

[-] mamuter@lemmy.world 5 points 11 months ago

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@lemmy.world 2 points 11 months ago* (last edited 11 months 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@lemmy.world 4 points 11 months ago

what happens to short positions against the ETF?

[-] enm260@lemm.ee 1 points 11 months ago

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

this post was submitted on 28 Nov 2023

29 points (96.8% liked)

The PPShow

2 readers

1 users here now

New home for the PPshow

founded 11 months ago

MODERATORS

Hey_ross@lemmy.world