Does GBTC stock match the underlying bitcoin price?
Could you elaborate on the relationship between the GBTC stock and the underlying Bitcoin price? Is there a direct correlation, or are there factors that can influence their alignment? Additionally, what are some potential risks investors should be aware of when considering the GBTC stock as a proxy for investing in bitcoin?
Does GBTC stock overshoot bitcoin performance?
Could you please elaborate on the notion that GBTC stock may be overshooting bitcoin's performance? Are there any specific factors or indicators that suggest this trend? How does this phenomenon impact investors seeking to diversify their portfolios with cryptocurrency-related assets? And furthermore, what strategies or considerations should they keep in mind when navigating this potentially complex landscape?