We know that ETF’s have become a playing field for the Big Boys as they discovered you could use this stuff for arbitraging futures. The least we can say is that Exchange Traded Funds were not developed for that purpose. This, however, is causing some strange things from time to time.
If we look to the Natural Gas ETF and more in detail to the Open Interest than we see something strange:
If we look to the Natural Gas ETF and more in detail to the Open Interest than we see something strange:
While the price is barely moving:
