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Motilal Oswal Nasdaq Q50 ETF crashed 46% in two days after trading at a 235% premium to NAV, what happened?

Motilal Oswal Nasdaq Q50 ETF crashed 20% on 22 September and lost about 46% from its peak in two sessions after trading at a nearly 235% premium to its NAV. Experts explain how supply constraints and strong demand pushed the ETF far above its underlying value.