Is there a way that a passive, large, liquid index fund can completely devalue due to some mechanism (as longs as the stocks it is tracking do not, obviously)?
For example, any individual stock can go out of existence (value = 0.00€) simply due to its respective company going bankrupt. Is there any way this could happen to an ETF?
Is there any possibility at all for an ETF to "go bankrupt" without the underlying assets going bankrupt. For example, is there any thinkable scenario in which the company managing the ETF goes out of business and the ETF suddenly disappearing (without being transparently shifted to some other company, or something like that)