### Comment:
Umm, what? It certainly does work that way. SPY [currently has](https://us.spdrs.com/en/etf/spdr-sp-500-etf-SPY) $1,089,770,075.25 in cash that it will pay out, so shares will be worth ~$1.175 tomorrow on a NAV basis.

### REPLY:
U rite homie

### END.