Q: Hello,
Given the December 20 court ruling against ETFMG in the US (https://www.etf.com/sections/features-and-news/hack-etf-issuer-enters-uncertain-chapter?utm_source=newsletter&utm_medium=email&utm_campaign=weeklynewsletter) would it be wise to sell an existing position in HACK if held? The article says holders are protected by a custodian but I am unable to assess the risk of this security going forward. Any thoughts would be appreciated.
Cheers,
Michael
Given the December 20 court ruling against ETFMG in the US (https://www.etf.com/sections/features-and-news/hack-etf-issuer-enters-uncertain-chapter?utm_source=newsletter&utm_medium=email&utm_campaign=weeklynewsletter) would it be wise to sell an existing position in HACK if held? The article says holders are protected by a custodian but I am unable to assess the risk of this security going forward. Any thoughts would be appreciated.
Cheers,
Michael