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https://jeffreyptak.substack.com/p/hollowing-out-an-etf-from-within/comment/138599164

Jeffrey Ptak on Basis Pointing

Thanks for your question. The share count should rise or fall based on investor demand. The AP facilitates that process but doesn’t directly influence growth/shrink of assets. So not a ponzi. But also not something that’s yielded good results for investors in case I examined.



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Jeffrey Ptak on Basis Pointing

https://jeffreyptak.substack.com/p/hollowing-out-an-etf-from-within/comment/138599164

Thanks for your question. The share count should rise or fall based on investor demand. The AP facilitates that process but doesn’t directly influence growth/shrink of assets. So not a ponzi. But also not something that’s yielded good results for investors in case I examined.



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https://jeffreyptak.substack.com/p/hollowing-out-an-etf-from-within/comment/138599164

Jeffrey Ptak on Basis Pointing

Thanks for your question. The share count should rise or fall based on investor demand. The AP facilitates that process but doesn’t directly influence growth/shrink of assets. So not a ponzi. But also not something that’s yielded good results for investors in case I examined.

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