News Summary

• The price of one whole Bitcoin (BTC) can deter potential investors who are hesitant to buy only a fraction of the cryptocurrency due to unit bias psychology, which favors owning complete units, according to VanEck adviser Gabor Gurbacs..
• Seems like a small thing but it’s a big thing,” he stated.Although Gurbacs recognizes that this debate is not new, he argues that biases represent one of the most valuable tools for understanding markets.“Simplistic but unit bias psychology matters a lot..
• Gabor Gurbacs, an adviser at VanEck, highlights the psychology that makes investors feel more satisfied when owning an entire asset rather than just a fraction, particularly with Bitcoin..
• Suddenly Bitcoin exposure looks more affordable.Simplistic…Furthermore, he reiterates that it seems more appealing to investors to own a whole asset than a fraction.“Owning a full share feels better than owning 0.001 Bitcoin..
• BlackRock has not yet disclosed the fees associated with its ETF.Magazine: 10 best long reads about crypto in 2023 Add reaction Add reaction.
• So, say hypothetically that Bitcoin ETFs would launch at $44 per share, removing 3 zeros..