> Wouldn't some investor decide to just net the approximately ~1.8% by increasing demand and buying it up? When it comes to individual investors, sure, in a si

> Wouldn't some investor decide to just net the approximately ~1.8% by increasing demand and buying it up? When it comes to individual investors, sure, in a situation where everything is going crazy in the markets some will buy and some will be happy to sell, provided the exchange doesn't halt trading temporarily in response to an extreme drop in share prices. The problem comes when the large market makers who are meant to really be on the ball and buy large blocks of shares quickly are suddenly worried about their own survival, or at least that's the way I remember a few of the chaotic days of 2008. I knew a few people who made money buying bond ETFs at a discount to NAV.