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A popular $3.7 billion oil ETF plunges 20% as crude prices hit historic lows

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Home Blogs > Business
Apr 21 '20 | By oiam2companyadmin | Views: 53 | Comments: 0
The ETF's link to oil prices is now in danger, as shares will exclusively trade on the secondary market and can't be issued to maintain fair value.

Source: https://markets.businessinsider.com/news/stocks/oil-etf-uso-sinks-crude-record-lows-price-issuance-frozen-2020-4-1029113642

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