Having fun while getting paid.  Analysis of all things degen, based, and early.   Host: /early /sportsbook /wallstreetbets

Thanks for promoting this channel, @desktoy. I’ve gone so deep down the crypto rabbit hole that my equities exposure is almost all crypto related. Favorite play right now is $ETHE, trading at about a 23% discount to underlying ETH holdings. What do you like?

It has to do with the way the trust is setup (not as efficient as an ETF that settles with the underlying asset - like BTC does on a daily basis now). The trust would be opened and closed periodically for institutions to deposit ETH and receive ETHE. For a long time there was a premium for Grayscale products…

Word! With the Grayscale products, what is the reason for the discounts to underlying holdings? It's something that i've meant to look into.

100 $degen

father - working on /vibra - subscribe to this, we need you: hypersub.xyz/s/learning-to-live-1xz4p078z1d6o

i feel you. 93% of all my $ is on crypto

looking forward to out my house onchain for the culture