- HUT is a large Canadian Bitcoin miner with operations in Alberta.
- Canadian Bitcoin miners like HUT trade at a substantial discount to domestic peers.
- Alberta appears likely to be a friendly jurisdiction in terms of energy consumption, which could be a differentiating factor over time.
- If Bitcoin can make new highs within the next year, HUT appears likely to double or triple along with that move.
BITW is a new publicly traded statutory trust that provides market weighted index exposure to crypto assets. BITW is mostly Bitcoin, and the Bitwise 10 Large Cap Crypto Index does offer market weighted diversification to some other crypto assets. BITW already trades at a very high premium to the fund's NAV, and that NAV premium is likely to be capricious. The Bitwise 10 Crypto Index Fund ( BITW ) is a publicly traded statutory crypto-asset index trust. BITW should offer needed competition in the asset class, where few funds exist, and lofty premiums have been a historic problem. The market is currently dominated by the Grayscale Bitcoin Trust ( OTC:GBTC ). BITW is probably most comparable to Grayscale's Digital Large Cap Fund ( OTCQX:GDLC ). Read Full Article Here