AP SIMULATOR · PAPER · NO APS EXIST
BASKET IN → MINT. DR IN → BASKET OUT.
Authorised participant delivers the basket (or cash that buys it), then DR is minted. Redeem is reverse. Unfunded mint is blocked. This is not a live AP.
RESEARCH · SIMULATION · NOT INVESTMENT PERFORMANCE · NOT INVESTABLE · £0 REAL CAPITAL · PAPER
APS EXIST=FALSE · LIVE=FALSE · UNFUNDED BLOCKED=TRUE