Interesting. But how is the performance vs. risk on these?
I’m seeing by comparison that BITX has returned 170% YTD vs. FBTC at 127%. It’s good but not exactly 2X.
Discussion
Yea 2x is the target it varies day to day but that still 43% better which is higher than most assets perform in a year. Manage the risk by selling say 10-20% of your FBTC at highs and buy BITX. Then you can rebalance if you get overexposed say BITX becomes 40-50% you could sell a portion back into FBTC.