I’m interested in asset price tracking (direct method) vs. ETF/ETP.
There are some benefits and conveniences related to using ETFs. The price oracles are straightforward (ETF prices from NASDAQ and NYSE), name recognition, etc.
I am using mIAU (Gold ETF) but would technically prefer a gold price tracked asset. Even with the S&P 500 ETF (mSPY) I would prefer if we could track the S&P 500 index itself instead of an ETF.
Let’s get a price tracked asset going that is not an ETF.
mLUMBER is being proposed right now and depending on the price oracle data source it might end up to be closer to what you are thinking of as a price of commodity style mAsset.
It’s not likely there would be any appetite for Gold and Silver price tracking unless somehow the ETFs were phased out. There are other metals but I imagine that most people would think we have sufficient metals coverage with the gold and silver ETFs.
Any ideas for asset price tracking other than metals?