Ether ETV Class A T.QETH.UN

RE:RE:RE:RE:DUHHH FEES are included in NAVPU calculation for ETHX &QETH

[rwfresh]

haha the fund can't secretly issue new units and sell them at a loss. Every unit that exists represents a fraction of ETH the fund has in custody.. ie: owns. That means if the fund wanted to issue new units they would first need to aquire the underlying ETH. This is all regulated and would be public information. 

Any issuance must be publicly announced weeks in advance. In fact QETH has done this before, check the PRs on the site. This happens with private placements. But they also had a PR stating they would no longer be issueing QETH as private placements.

What's happening is many retailers sold QETH for ETHX because they are looking for a pump and were caught up in hype. They incorrectly believe an Exchange Traded Fund is different than a Fund traded on an Exchange. This opened up an arbitrage opportunity in QETH. 

IF there was a big enough movement and the information velocity is lacking then it is possible QETH's discount does not close before ETH price takes a dip. But if ETH goes flat or keeps climbing over the next few days than holding ETHX over QETH isn't going to make a ton of sense. Unless you believe the market will never become informed. Which is possible haha