How can I see when a new ETN is going to launch?
ETNs have greater credit risk than ETFs because ETNs don't own any assets and are unsecured debt obligations. Thus my concept would be to short new and existing ETNs. As an example look up ticker symbol “VXX” another ETN. ETNs are subsequently worthless and overtime plummet to pennies. As of now, ETNs are being viewed as a massive fraud lead by major banks.
https://money.usnews.com/investing/articles/2016-10-03/how-to-buy-exchange-traded-notes
Exhibit A:
“you are likely to lose part or all of your initial investment”
https://www.sec.gov/Archives/edgar/data/1053092/000095010317006323/dp77928_424b2-vix.htm
It appears only the “short term ETNs” have this effect.
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