this isn't how ETFs work at all have a read about the ETF redemption mechanism[1]: it is almost the exact opposite to the way mutual funds work (which is what

this isn't how ETFs work at all have a read about the ETF redemption mechanism[1]: it is almost the exact opposite to the way mutual funds work (which is what you have described) their behaviour at times of stress is correspondingly different to that of a mutual fund http://www.investopedia.com/articles/mutualfund/05/062705.asp http://www.investopedia.com/articles/mutualfund/05/062705.as...