They are shutting down the MEME ETF on a date I keep seeing…

Here is the link to the story

31 points · 7 comments · view on lemmy.world

7 Comments

rezz@lemmy.world · 8 pts · 2y (2 replies)

Uninformed: where else is this date and why?

mamuter@lemmy.world · 8 pts · 2y

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

https://lemmy.world/post/8752110

manbeef@lemmy.world · 5 pts · 2y

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

mamuter@lemmy.world · 5 pts · 2y (1 reply)

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 pts · 2y

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 pts · 2y (1 reply)

what happens to short positions against the ETF?

enm260@lemm.ee · 1 pts · 2y

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