- It represents the premium investors are willing to pay to be able to gain exposure to Bitcoin . Whilst holding them in an investment vehicle such as a 401k or an ISA.
- The premiums can be plotted. GBTC vs BTCUSD and BTCE vs BTCEUR
- The "real price" of BTCUSD , GBTC and BTCE (denominated in USD) can be plotted against each other