Sorry if this is the wrong place to post this. When I buy an ETF on an exchange, I assume I’m buying it from someone else and not the company that manages it. If so, how does that company get the funds to buy the underlying assets? Also if everybody decided to buy XYZ ETF, then the share price should go up right? If it does, then it seems like it wouldn’t be tracking the underlying assets anymore. If it doesn’t, then that doesn’t make sense either.
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