Crypto Strategy – How to buy BTC and ETH?

[brucealder]

For the Crypto & Leveraged Top 2 Strategy (CLT2) strategy, how should we buy BTC and ETH without buying the actual coins?

Maybe this is obvious, but the only option I know of is to use the Grayscale Trust funds for these positions:
– BTC-USD: GBTC (Grayscale Bitcoin Trust)
– ETH-USD: ETH (Grayscale Ethereum Trust)

Please let me know if there’s an option I’m missing.
Thanks!

[Patrick @ Logical-Invest]

Yes, the Grayscale offerings are decent proxies for owning the actual crypto currencies. After a volatile start, they have been tracking pretty closely to their respective cryptos over the past few months.
https://stockcharts.com/freecharts/perf.php?GBTC,$BTCUSD&n=80

GBTC is currently trading at a healthy discount to its NAV which could benefit its holders if the discount narrows over time.
https://ycharts.com/companies/GBTC/discount_or_premium_to_nav

Interactive Brokers recently announced the ability to trade cryptos. They are the only broker I am aware of that allows trading stocks and cryptos from the same account.
https://www.interactivebrokers.com/en/index.php?f=49513

[Mark Vincent]

There are few Bitcoin ETFS traded on the stock exchange like BTCC.

[Mark Vincent]

They trade on the toronto stock exchange.

[brucealder]

Thank you for the info and confirmation, very helpful!

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