The crypto bull market continues with Bitcoin hitting a new high on a nearly everyday basis. The cryptocurrency asset class is gaining acceptance with large institutions adding exposure to their portfolios. Vocal critics of the asset class remain which may add fuel to the rally as the bears may relent and eventually join the buying frenzy. A fund specializing in the asset class holds broad appeal to investors. The Grayscale Ethereum Trust is grossly overvalued and should not be used as a substitute to holding the actual asset as will be detailed below.
