The Time is Now
The Premium went to zero does that mean it's over... Is now the time... And will the premium go up again?
I've received quite literally over 100 of the exact questions above. This chart is for the folks looking to play the premium game.
Now, our team at Jarvis Labs doesn't play the premium game. We look at the effect Grayscale has on the spot market. We feel the best way to play this trade is not necessarily in the stock market, but using derivatives on cryptocurrency exchanges. However, I understand for many of you that's intimidating. For those that shy away or aren't experience enough for derivatives, the premium is a low risk way to play it.
As you can see with the arrows on the bottom indicator, as the unlockings unfold (purple vertical line), the premium begins to expand again. As long as the new market entrants are larger than the last market entrants, this shall continue.
Based upon an SEC filing not too long ago, Grayscale filed for $5.5 billion of interest... This is up from $800 million last year. As long as a flurry of ETFs don't pop up, I have reason to believe this figure will continue to expand.
Enjoy.
The Premium went to zero does that mean it's over... Is now the time... And will the premium go up again?
I've received quite literally over 100 of the exact questions above. This chart is for the folks looking to play the premium game.
Now, our team at Jarvis Labs doesn't play the premium game. We look at the effect Grayscale has on the spot market. We feel the best way to play this trade is not necessarily in the stock market, but using derivatives on cryptocurrency exchanges. However, I understand for many of you that's intimidating. For those that shy away or aren't experience enough for derivatives, the premium is a low risk way to play it.
As you can see with the arrows on the bottom indicator, as the unlockings unfold (purple vertical line), the premium begins to expand again. As long as the new market entrants are larger than the last market entrants, this shall continue.
Based upon an SEC filing not too long ago, Grayscale filed for $5.5 billion of interest... This is up from $800 million last year. As long as a flurry of ETFs don't pop up, I have reason to believe this figure will continue to expand.
Enjoy.
Your Pulse on Crypto,
Ben Lilly
Ben Lilly
Spot purchasing expands premiums.