134: BTCVIX – Bitcoin: The Magic Internet Money You Can No Longer Ignore
Chat With Traders
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The Winklevoss Brothers' Bitcoin Investment Trust
The Bitcoin investment trust is supposed to buy and sell Bitcoins and keep their share price in line with roughly what Bitcoin price is. Due to a number of things probably being a lot of the interest in Bitcoin, as well as people maybe not wanting to go to Coinbase and deal with the security and storing Bitcoins, it's trading currently at about a 90% premium. The GBTC price is $4,400 right now compared to the $2,600 that's sitting on all the Bitcoin exchanges. So it's inflated quite significantly.
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