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I see that, but there is a huge problem with this index that I'm amazed is not illegal. They control the index with the coins the same platform adds. That is a
by conanbatt 9y ago
I see that, but there is a huge problem with this index that I'm amazed is not illegal. They control the index with the coins the same platform adds.
That is a major incentives no-no. Coinbase can make more money pumping coins into the index than managing the index itself. If I wanted and index'd solution for crypto, I would not use one like this.
- deleted 9y ago[deleted]
- ryanmonroe 9y agoIt's common for brokerages to have exchanges for both their own index funds and the assets those funds track.
- conanbatt 9y agoI can't possibly understand how there isn't a breach of fiduciary duty.