All Bitcoin ETFs 1-year returns lag BTCUSD return
| | As you can see in the attached image, the 1-year returns for all major bitcoin ETFs including Fidelity, iShares, Grayscale lag behind BTCUSD returns. Is this only because of the ETF expense ratio? At minimum there is a 5%/year lag (FBTC,IBIT) whereas grayscale GBTC is lagging 27% behind BTCUSD. This is really surprising! What explains this? [link] [comments] |
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