Implications of NAV-Based Unit Creation and Redemption | Flash News Detail | Blockchain.News

Implications of NAV-Based Unit Creation and Redemption

11/16/2024 7:13:56 PM

Implications of NAV-Based Unit Creation and Redemption

According to FarsideUK, many cryptocurrency units are created and redeemed at the official Net Asset Value (NAV), making it a reliable approximation for traders. This indicates that the NAV can be a stable reference point for assessing the value of cryptocurrency units, which is crucial for making informed trading decisions. (Source)

FarsideUK Net Asset Value cryptocurrency units

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.