Each ETF share is backed by a unit of the underlying, so there's no price risk f... | Hacker News

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		maest on Jan 30, 2021 \| parent \| context \| favorite \| on: Analysis: Robinhood protected from lawsuits by use... Each ETF share is backed by a unit of the underlying, so there's no price risk for the ETF issuer.

birdsbirdsbirds on Jan 31, 2021 [–]

There are two kinds of ETF. Only one of them is operated like that. Check the fine print to be sure.

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