May. 5 at 12:57 PM
$XOVR I've read some about the liabilities vis a vis ETFs like XOVR and trying to get in on Space X. Perhaps people can riff off of this. At least for now whatever part of their Space X is not very liquid so if a lot of people suddenly decide to sell, XOVR will have to pay them off with other stocks which in turn makes their existing holding in Space X a much highter percentage of this fund i.e. it could go from being 10% to 35% of the portfolio. If I understand that correctly, that leaves the bag holders of the ETF very exposed if the value of SpaceX drops radically after all the excitement. any thoughts on this?