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<blockquote data-quote="Coja Petrus Uscan" data-source="post: 1405790" data-attributes="member: 12967">One upside of Greyscale is their ETNs are prone to bigger swings.I bought their ETH ETN in March. 1 share is equal to close to 0.1 ETH. I bought it at about $60 and within 2 months it had FOMO'd up to $250. I cashed out at about $190. I.e. the price on Greyscale was $2,500 when the market price was $260.If there is all round crypto FOMO I think you can guarantee their notes will give considerably higher gains as dinosaurs are pulled in during the mania phase.The notes are not available on many platforms though. You can get them on SwissQuote and Interactive Brokers.Also worth noting is the books are thin and its an OTC market with no data. So when you sell you want to use limit and not market sell. I used a market sell and sploshed the price down about $30 in one go, about 15%.Another benefit is that if there are government moves against crypto it gives you a very quick rip cord back to cash on a legacy platform.</blockquote>

[QUOTE="Coja Petrus Uscan, post: 1405790, member: 12967"] One upside of Greyscale is their ETNs are prone to bigger swings. I bought their ETH ETN in March. 1 share is equal to close to 0.1 ETH. I bought it at about $60 and within 2 months it had FOMO'd up to $250. I cashed out at about $190. I.e. the price on Greyscale was $2,500 when the market price was $260. If there is all round crypto FOMO I think you can guarantee their notes will give considerably higher gains as dinosaurs are pulled in during the mania phase. The notes are not available on many platforms though. You can get them on SwissQuote and Interactive Brokers. Also worth noting is the books are thin and its an OTC market with no data. So when you sell you want to use limit and not market sell. I used a market sell and sploshed the price down about $30 in one go, about 15%. Another benefit is that if there are government moves against crypto it gives you a very quick rip cord back to cash on a legacy platform. [/QUOTE]

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