What is FNGU stock? izood.net
ETN is short for Exchange Traded Note. The Exchange-traded note works as an unsecured debt security. The ETNs track the underlying index of some securities. Traders can buy, sell and trade ETN on various exchanges that support them. The exchange-traded note is and works very similar to bonds. Perhaps their difference is that ETN stocks don’t pay periodical interest to their holders over time.
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