##  [# Hot Reads: Bitcoin ETFs Cause Grayscale Trust Discount](/sections/daily-hot-reads/hot-reads-bitcoin-etfs-cause-grayscale-trust-discount) 

 

# Hot Reads: Bitcoin ETFs Cause Grayscale Trust Discount

 

 

Plus, a look at inflation across country lines.



 

 

 

 

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[By ETF.com Staff](/contributors/etfcom-staff)

 Nov 29, 2021

 Edited by: ETF.com Staff

 

 

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*Compiled by ETF.com Staff*

**[$32B Grayscale Bitcoin Trust Feels Heat From Cheaper ETFs](https://www.ft.com/content/9fc7b034-7659-439f-a991-169662815883)** (Financial Times)  
 GBTC trades at a 15% discount to the value of its underlying assets.

**[The Inflation Conundrum](https://jheconomics.com/the-inflation-conundrum/)** (Jackson Hole Economics)  
 Unlike in many previous global inflationary episodes, what is remarkable this time is how different the cross-country experiences have been.

**[This Will Not Last](https://ofdollarsanddata.com/this-will-not-last/)** (Of Dollars &amp; Data)  
 On overvalued markets and how to invest in them.

**[Growing Accustomed To Fear](https://awealthofcommonsense.com/2021/11/growing-accustomed-to-fear/)** (A Wealth Of Common Sense)  
 Some thoughts on a pandemic that won’t quit.

**[Active Share Has Been A Big Disappointment](https://www.evidenceinvestor.com/active-share-has-been-a-big-disappointment/)** (The Evidence-Based Investor)  
 The higher the active share, the higher the fund’s expense ratio and risk, and the lower its tax efficiency.

**[Should We Never Invest In Individual Stocks?](https://alphaarchitect.com/2021/11/26/should-we-never-invest-in-individual-stocks/)** (Alpha Architect)  
 A paper by Henrik Bessembinder found that nearly all publicly traded stocks in the U.S.—if held as buy-and-hold investments—underperform Treasury bills.



 

 

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 Related Topics  [Innovative](http://www.etf.com/topics/innovative) 

 [Bitcoin](http://www.etf.com/topics/bitcoin) 

 [Inflation](http://www.etf.com/topics/inflation) 

 [Active Management](http://www.etf.com/topics/active-management)