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.
SourceFarside Investors
@FarsideUKFarside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.