jamw on Nostr: These are utter 💩 and have a very high risk profile. Basically, cETNs are ...
These are utter 💩 and have a very high risk profile. Basically, cETNs are unsecured debt notes/securities so not only do you NOT own the cryptocurrency; you also face issuer credit risk. They are not the same as ETFs where you hold the actual asset.
Published at
2025-06-08 10:10:25Event JSON
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"pubkey": "7b394902eeadb8370931f1903d00569545e84113fb6a09634664763be232009c",
"created_at": 1749377425,
"kind": 1,
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"content": "These are utter 💩 and have a very high risk profile. Basically, cETNs are unsecured debt notes/securities so not only do you NOT own the cryptocurrency; you also face issuer credit risk. They are not the same as ETFs where you hold the actual asset.\n\nnostr:note1uu9w4dd788626755yxljg8hz6eau7z3gdezmwtafnrwtukcmreps75qhw9",
"sig": "a81cb4ce605d82da68804453dada1eaca8e4dffd6a4fe2c79ee4766b50d5a21cc30870308d50e96e4c8971488cc6711593f4cfad8f330970c636ef0574cc2e58"
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