IBIT vs. ETHV: A Crypto Discworld Tale

These Exchange-Traded Fantods2 allow mortals to dabble in crypto without the hassle of actually owning coins, which is probably for the best given how often they vanish into the ether3. Yet their recent performance suggests that even in this realm of probabilistic economics, size and seniority confer advantages. IBIT, the elder artifact, has accumulated assets under management like a dragon counting coins, while ETHV, the upstart, flaps its wings with less fanfare.







