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fromthedave / From the Dave
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2024-02-04 13:22:24

fromthedave on Nostr: Has anyone seen or done an exploration of what would happen to the ETFs if and when ...

Has anyone seen or done an exploration of what would happen to the ETFs if and when there is a significant market crash? I’m talking about a 1930s-ish type crash. It occurs to me that when all assets are tracking to zero, and the ETFs are the only ones that are holding some semblance of value, people who don’t really understand the technology, but have an allocation into the ETF, because they wanted exposure to bitcoin are going to pull their cash out in an effort to hang onto whatever fiat they have left, ehich in turn will run to the ETFs worthless as well. Do I have that correct?
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