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Fintech
A Second Pure Bitcoin Security
I just bought some CXBTC, an indirect investment in Bitcoin, trading in a regulated market (Sweden). My rationale, Grayscale’s competing security GBTC has been trading at a ridiculous 50 to 60% premium to the underlying value of Bitcoin. This premium may be reflective of the difficulty investors have in speculating on the value of Bitcoin in regulated markets. Hopefully, CXBTC will attract some premium until additional similar securities begin to proliferate and premiums dwindle.
Fintech
Fintech, or finance technology, seems to be getting increasingly more attention. A recent Reuters page explains many of the terms currently being bandied about. The page is aptly titled, Fintech lingo explained. Enjoy!