What's your view on the Bitwise top 10 crypto index fund (BITW)? It seems like a good deal at the moment as the market price is around 40% below the NAV and in last bull market it was often trading at double the NAV.
While BTC is currently 30% down from ATH in November 2021, the BITW fund is down 60% in the same period. I realize that this is probably partially due to some investors selling to move to BTC ETF, but holding an index of the top 10 cryptos still seem attractive compared to just holding BTC ETF and given the discount the BITW index is trading at at the moment it could be a good buy to potential sell at a premium during the bull market.
Thoughts or experience with BITW?
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