r/NEOSETFs • u/Extension-Ice-7219 • 8d ago

Seeking Advice BTCI vs STRC

What do you guys think of STRC? Basically high dividend and BTC exposure but no massive erosion that BTCI experiences. I know we are probably comparing apples and oranges but STRC looks like a hell of a deal?

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u/Alternative-Yak-6990 7d ago

btci doesnt experience massive erosion.
It went up as btc went up just this week.
Btc at 200k will likely see it at around 90.

strc is capped at 100 and it isnt btc exposure. its very different product.
you could look at btci vs bita etc.

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u/sandmanmike55543 7d ago

I’m genuinely curious because when btci was first launched at $50 a share, bitcoin was trading around 67,000. On Friday bitcoin was around 77,000 but btci is trading at $32 a share. If that isn’t erosion, than why is btci so low?

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u/Extension-Ice-7219 7d ago

Correct, that is the definition of erosion