You'll get a piece regardless if you're in index funds, as they're being strong-armed into buying at this awful price

I think this only applies currently for the Nasdaq index, and the only Nasdaq index fund that comes to mind is QQQ. I think fewer people are currently being hit than are worried about it.

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simantel 19 days ago | parent [-]

Total market funds like VTSAX (the largest mutual fund in the world) will have to buy it as well.

	▲	ericd 19 days ago \| parent [-]
		Yeah, but on the normal, longer timeline? The fuckery around indices was that Nasdaq changed their rules for it to include it much more quickly, but that was limited to Nasdaq, no?

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sethops1 20 days ago | parent | prev | next [-]

They aren't being strong-armed, NASDAQ is literally changing the rules to appease Musk and get in on the grift. Move your money elsewhere while you still can.

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kentm 20 days ago | parent | prev [-]

Its unfortunate that its being fast tracked and I'm really annoyed that NASDAQ is doing this. But I think that the impact should be relatively minimal, at least for the funds I hold. I really just find the transparent grift annoying.