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> Technically, all the Nvidia stock (and virtually all stocks in the US) are owned by Cede and Co. Technically, but they extend ownership. An ETF is a differen
by 9rx 2y ago
> Technically, all the Nvidia stock (and virtually all stocks in the US) are owned by Cede and Co.
Technically, but they extend ownership. An ETF is a different type of abstraction. Which you already know because you spoke about that abstraction in your original comment, so why play stupid now?
- eru 2y agoI have no clue what you mean by 'extend ownership', and it's supposed to be different from what ETFs are doing. An ETF typically holds the underlying assets, and you own a part of the ETF.