📉The discount between Bitcoin and NAV has decreased from 50% to single digit, reflecting decreased regulatory and tax uncertainties.
⏳There is still uncertainty in the cryptocurrency market between now and January, possibly related to the approval of Bitcoin ETFs.
💰Investors have benefited from the narrowing discount, as Bitcoin price has gone up while the discount has closed.
📊The decrease in regulatory and tax uncertainties has resulted in increased confidence in Bitcoin and the cryptocurrency market.
🤝Bitcoin investors have chosen alternative products, such as ProShares Bitcoin Strategy ETF, to maintain exposure to Bitcoin amid regulatory and tax uncertainties.