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Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
But the chart of asset prices is the opposite. Hence if you have assets your not as worried about this as if you don't. Hence the widening of the wealth gap.
I think the premiums on the Grayscale trust have become smaller recently and yes there are many ETFs on SECs plate but they have delayed approval for some more time ..let’s see... US ETF volume is way higher than Canada so that would be a game changer
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,388
Thanks Received: 10,207
Grayscale now trades at a discount and at times a sizeable discount!
Based upon this chart if you bought at the beginning of the year, even though Bitcoin is relatively unchanged (but obviously been a roller coaster) you could have been down almost 50% (0.75/1.5) a few weeks ago on a Grayscale investment, just due to the change Premium to NAV!
Grayscale GBTC unlocks coming to an end and there is lot of misinformation as people are not sure the impact. Some say bearish some say bullish but if we do get a short term pull back might be a good time to enter unless you are waiting for other ETFs which the SEC may or may not approve.
