Unsustainable trend watch: Ethereum ETF is trading at a massive premium.
https://compoundadvisors.com/2020/ar...stors-rationalWould you pay someone $205 for an asset worth only $21.87?
Of course not; what a ridiculous question.
And yet, investors in the Ethereum Trust ($ETHE) are doing just that, paying a stunning 837% premium above the net asset value (NAV) of the underlying holdings (Ethereum, a cryptocurrency).
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