Discussion Paper
Crypto ETPs: An Examination of Liquidity and NAV Premium
Abstract: In this note we examine the secondary market liquidity and net asset value (NAV) premium (the absolute percentage difference between price and NAV) of the largest spot-crypto electronically traded products (ETPs) that launched during 2024. We compare the crypto ETPs with other large ETPs and electronically traded funds (ETFs) that reference equities, bonds, and commodities.
https://doi.org/10.17016/2380-7172.3741
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Bibliographic Information
Provider: Board of Governors of the Federal Reserve System (U.S.)
Part of Series: FEDS Notes
Publication Date: 2025-03-28
Number: 2025-03-28-1