The Issues With the Futurec T S

Right now g b t trading it like it's just about 18 % discount to the n a v. In a typical e t f, you can exchange shares for the underlying on a daily basis. That means if they're the same exact thing, you can always make sure that the price is worth exactly what it holds. With g b t c, you can't do that. The fund is closed. You can't even create shares, and there is no redeeming of shares. So that whole mechanism of being able to take the verty of the underlying a just isn't, it isn't possible.

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