CryptoCurrency Codex PDF / eBook Review Free Download Cryptocurrency Institute PDF | Page 9
That is, people want to send transactions across the
blockchain, not just trade on the exchanges.
Tx fees time-series data is maintained
at Blockchair.com
Bitcoin and My Portfolio
Bitcoin holds a dominant place in my cryptoasset
portfolio. As a result of recent changes in UK
regulations I have allocated my entire personal
pension (like a US 401k or retirement account) into
Bitcoin via the XBTProvider ETN.
Be more cautious about investing your 401k into Barry
Silbert’s Bitcoin Investment Trust $GBTC. The
(European) XBT Provider ETN is an open-ended fund
which means it maintains a premium to the NAV close
to 0% at all times. The Bitcoin Investment Trust is an
inferior investment vehicle because it is a closed-end
fund (it does not increase its holdings of the
underlying asset when demand for the product
increases) which means it is subject to wild swings in
its premium, which has been as high as 150%. So you