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S&P 500
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BartDaddy

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BartDaddy

Re: None

Monday, 01/04/2021 1:10:01 PM

Monday, January 04, 2021 1:10:01 PM

Post# of 51
NAV $27.41 this morning. The premium is under 100% at about 90% but is still a bit high. Unless NAV increases substantially pps should be in the mid $30s to compete with GBTC.

On the upside, when the alts run, BITW NAV will get a boost while GBTC will likely stay more or less pegged to BTC price. (Of course, BITW is more exposed to a alt crash as well.)

My opinions only.
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