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!
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
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