Kinda sus
so far bitcoin is down 14% but this etf is down like 28%. Any insight as to why the etf is losing double the money of the cryptocurrency it follows?
according to the article listed under news today:
Similarly, Fidelity Wise Origin Bitcoin Trust(BATS:FBTC) enjoyed a net inflow of $103 million, reflecting investor's positive reception to the investment firm's crypto offerings.
Fidelity has been at the forefront of integrating digital assets into traditional investment portfolios, and this uptake might be reflective of their established reputation and perceived expertise in asset management.
Fidelity has been at the forefront of integrating digital assets into traditional investment portfolios, and this uptake might be reflective of their established reputation and perceived expertise in asset management.
if we are having net inflows why are we so much worse than actual btc?
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