/biz/ - Business & Finance

Anonymous Wed Sep 6 21:43:00 2017 No.3373802 [View]
File: 351 KB, 1297x1547, 1498953520477.jpg [View same] [iqdb] [saucenao] [google]

Can't say i'm surprised that seemingly half of this board doesn't know what a fucking ETF is. The price of the etf after the first week or so will move in reaction to the price movement of eth mean that when eth goes up people will start buying shares in the etf and that will go up. When eth starts to dip people will panic sell and the etf will dip hard

bottom line is this will not influence the price of eth, eth will determine the price of the etf. what >>3372518 said

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