SilverBees up by 6% but Silverm Nov Fut is down by 0.5%

[Meher_Smaran]

What is an ETF and how does it work?

Edelweiss is set to launch a debt ETF that will only hold bonds issued by public sector undertaking (PSUs). Before I explain more about the ETFs, a few basics. What is an ETF? An ETF or exchange traded fund is a mutual fund that trades on the exchange just like a stock. Most ETFs are passive ETFs and they replicate an index. For example, a Nifty 50 ETF holds the shares in it But the key difference is how ETF units are created. When you invest in mutual funds, the AMC collects orders till 2 PM…

This thread by Bhuvan explains the intricacies involved in ETFs.

ETF buyers are scooping up ETFs at whatever price available, thanks to the ultra-bullish move in Silver (its underlying)

It would be prudent on our part to check the iNAV and make sure we don’t buy at too much premium from its underlying NAV, as there is a premium of 10-15% in many ETFs