---
title: ETFs and Market Efficiency
url: https://www.ml-quant.com/papers/ssrn/4615092/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4615092
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4615092
featured: 2023-11-02
citations: unknown
topic: Portfolio & Allocation
---


# ETFs and Market Efficiency

Capital constraints on intermediaries can affect the pricing efficiency of assets they manage, as seen in ETFs and their lead market makers during the COVID-19 debt market disruptions.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4615092
- Identifier: SSRN 4615092
- Released: 2022-03-30
- First featured: Quant Letter No. 24 (2023-11-02): https://www.ml-quant.com/issues/2023-11-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation

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