Better Buy: Grayscale Bitcoin Trust vs. Osprey Bitcoin Trust

It's been nearly four months since I took a look at two of the more popular ways for investors to get some skin in the Bitcoin (CRYPTO: BTC) game through traditional stock brokerages. I'm not talking about Bitcoin miners, crypto exchanges, and the many other companies that stand to benefit from wider adoption of digital currencies as either investments or transaction settlers. 

Grayscale Bitcoin Trust (OTC: GBTC) and Osprey Bitcoin Trust (OTC: OBTC) are two U.S. exchange-traded trusts that only own Bitcoin. Grayscale Bitcoin Trust is much larger, entering this new week with $24.3 billion in assets under management. Osprey's entry hit the market in mid-February, and it currently manages nearly $104 million in assets. Let's kick the tires to see which one -- if any -- is worth buying right now. 

Image source: Getty Images.

Continue reading


Source Fool.com