Now it owns 847,363 worth $51bn. Share price now at market value of the BTC.
Meanwhile, all my ounces still seem to be there. But then, I guess all the noughts and ones are still there too. Just more noughts than there used to be, I suppose ….
I can see why people go for a gold ETF as it means they can trade it as easily as they can shares, trusting that the underlying asset is actually held in a vault somewhere. It’s convenient and saves them having to think too much. But I can’t understand why someone would buy shares in a company that exists to buy digital assets that sit in a wallet/trading exchange when you could equally easily buy the digital assets the same way.
