Forklaring
On top of price risk you take counterparty risk on the issuer. Physically backed ETNs hold the coins in custody, which limits but does not remove that risk.
Marked
Exchange traded note: a debt instrument tracking the price of an underlying asset.
On top of price risk you take counterparty risk on the issuer. Physically backed ETNs hold the coins in custody, which limits but does not remove that risk.
One short email with what actually matters: prices, regulation and the banks that move. No hype, no noise.