[arcticbull]

You should review the money transmitter rules under which PayPal is regulated. They’re not the same as banks, they have a much narrower charter; but they are required to safeguard those dollars and that is what is represented in your account. There’s generally a small set of permitted investments that are intended to as closely as possible track dollars.

It doesn’t have a similar characteristic to a mutual fund balance, it’s closer to a money market fund.