Why haven't many or any people picked up on the lack of demand for similar ish European initiatives likes the Swedish ETN and the Global Advisers one?
Are they fundamentally set up in a less sexy way, accessed in a completely different way or will the American versions be open to a different class of money? I haven't paid them enough attention to know. There's plenty of money in Europe too which has barely shown a peep of interest.
And here's some fun baseless speculation as well.
img clipped
yeah, definitely less sexy.
I could not even figure out what the imgur image guy is saying as it has some double negatives.
Whatever, man, it is pretty much a consensus of at least 75 vs 25% that it would not be approved, so it it should have been priced in already.
One peculiar thing is that there are not one, but three ETF up for review.
It would be simpler to say to the other two: don't even bother with the motions.
Someone said that if it is going to be denied, we would know beforehand because they would allow Winkle's to withdraw the application.