The upshot: A blend of stocks, bonds and bitcoin has outperformed stocks and bonds. Let’s say, for whatever reason, you couldn’t own spot bitcoin and only had access to the Grayscale Bitcoin Trust (GBTC). The GBTC currently trades at a 35% discount to its net asset value (NAV), has lagged the spot price of bitcoin, and has a 2% management fee attached to it. We will use it as the proxy given the wide availability of its ownership – again, spot would only improve the following figures. (Disclosure: Grayscale is a wholly owned subsidiary of DCG, which is also CoinDesk’s parent company.)
Related posts
-
Bitcoin Cash: Empowering Merchants and Boosting Adoption in Bitcoin Cash City
Bitcoin Cash (BCH) has emerged as a popular cryptocurrency, offering fast and low-cost transactions. In the... -
Bitcoin Futures Liquidation Forms Local Price Bottom — A Return To $65,000 Inevitable?
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the... -
Bitcoin Whales Move Out Of Character With This Bull Market, What’s Happening?
Este artículo también está disponible en español. Ki Young Ju, the founder of the on-chain analytics...