I have a some ETF questions to help me orient to what is about to happen: From wiki, I got that an ETF divides ownership of itself (its owned assets) into shares that are held by shareholders. For example: “Some_BitCoin_ETF” = 100 BTC = 100 shares.
Other than demand, how is the value of the ETF determined? Could it be much more (or less) that the exchange rate at time of purchase of the asset?
How it the value of an ETF Share determined? Could it be different than “ETF value” / 100?
#EFT