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Bitcoin/Ethereum Crypto Portfolio UP 41% In November! Here’s Why

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Introduction

On November 19th both the Grayscale Bitcoin Mini Trust ETF ((BTC) and the Grayscale Ethereum Mini Trust ETF (ETH) underwent 1:5 and 1:10 reverse splits, respectively, in an effort to increase the cost efficiency of the funds and make the ETFs more attractive to investors and improve their trading experience.

In addition to these reverse splits, the market has reacted to the  expectations that Trump’s Administration will strip back regulation of the crypto industry, and that a favorable Congress will pass legislation that gives the industry more room to grow and that such crypto-friendly policies will be a hedge against potential fiscal policy that could spark inflation.

The MunAiMarkets Bitcoin/Ethereum Crypto Portfolio 

The Portfolio soared during the month of November as a result, with the Grayscale Bitcoin Mini Trust ETF going UP 38.9% and the Grayscale Ethereum Mini Trust ETF by 43.8% for an average increase of 41.0%.

The BTC is:

  • a passively managed exchange-traded fund offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities,
  • has a management fee of only 0.15%, which is the lowest in the sector and includes all of the costs associated with administration and safekeeping of the underlying Bitcoin. There are no other fees.
  • currently has $3.60B in assets under management,
  • trades on NYSE Arca,
  • is available through your brokerage account.

The ETH is:

  • a passively managed exchange-traded fund offering exposure to the daily USD spot price of Ethereum, less expenses and liabilities,
  • has a management fee of only 0.15%, which is the lowest in the sector and includes all of the costs associated with administration and safekeeping of the underlying Ethereum. There are no other fees.
  • currently has $1.53B in assets under management,
  • trades on NYSE Arca and
  • is available through your brokerage account.

Summary

On average the MunAiMarkets Bitcoin/Ethereum Crypto Portfolio was UP 41.0% in November. 

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