nobody on Nostr: It’s because few would buy a share if it were priced at the bitcoin price of $43k. ...
It’s because few would buy a share if it were priced at the bitcoin price of $43k.
And it were say 1/1000th of the bitcoin price, the correlation would eventually diverge because of the management fee.
It’s the same as GLD or SPY. Those ETFs are not priced at exactly the same level as gold or the S&P 500.
Published at
2024-01-12 20:58:56Event JSON
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