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Who’s using ETFs for single stocks?
I came to the comments for that question as well. Defeats the entire purpose of the system. Maybe so someone else can manage their one stock?
I don’t really get what they’re for either, the only hypothesis I’ve heard that makes any sense is that ETF mechanisms have useful loopholes in certain short selling strategies.
Sure. I can’t come up with anything sensible… Maybe some tax benefit I’m too poor to care or know about?
Is that a big deal? I’m American and I didn’t even know what those were until reading this right now lol