Hey guys. So I've been looking into bitcoin ETFs to just get a little bit of bitcoin exposure without dealing with actually purchasing bitcoin straight. But I've noticed there's quite a few bitcoin ETFs, and what's got me a little confused is, they all show different returns, and they all seem to show less returns than bitcoin itself. Can anyone explain this to me please?
Edit: I've been looking at EBTC & VBTC (both on the ASX). Looking at yahoofinance charts over 6mths for each, BTC-AUD is +5.92%, VBTC is +5.08% (pretty close, is that just management fees maybe?) But then EBTC is only +2.57%?
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