3 Reasons I Own Grayscale Bitcoin Trust and Grayscale Ethereum Trust
This might seem like a challenging time to own a piece of the cryptocurrency market. Bitcoin (CRYPTO: BTC) and many of its peers have come under fire for their toll on resources in the mining process. Regulators worldwide are starting to clamp down on digital currencies. Speculators are bailing on crypto.
Prices have been tumbling over the past month for Bitcoin and Ethereum (CRYPTO: ETH), but I continue to dedicate a small portion of my overall portfolio to crypto. I own a little Ethereum directly with smaller positions in a couple of other crypto denominations, but my exposure to cryptocurrency stems largely from my ownership of Grayscale Bitcoin Trust (OTC: GBTC) and Grayscale Ethereum Trust (OTC: ETHE). Let me go over some of the reasons I have gone this route.
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Source Fool.com
