1. Cons - all the risk inherent for user issued asset.
2. Pros - the basic 'fund' - short USD is much easier/convenient for users that do not want to get too involved. Instead of shorting USD you just buy the fund and if BTSX goes up you sell its shares back to the issuer... easy as pie...
Those fund should be acting like an open-end funds, i.e. offering to buy back all issued shares, at least several times a day (if not at all times) with say 0.25% cut on the actual reference price...
What is your thoughts in the potential interest demand for such user issued assets?
Topic: What will be the interest in short BTSX and 2xlong BTSX as an USER issued assets (Read 1106 times)
