Well, let's hope this becomes true!!
http://www.nasdaq.com/article/xbt-provider-sees-growing-bitcoin-demand-private-blockchain-hype-will-translate-to-higher-bitcoin-prices-at-a-later-stage-cm587320[...]Bitcoin ETNs and instruments, including the Bitcoin Tracker Euro and GrayScale Investment's GBTC, have performed exceptionally well against major reserve currencies and global asset classes since mid 2015. Currently, a share of GBTC is being traded at $57.40, and since a share of GBTC guarantees investors about one tenth of a bitcoin, investors are purchasing Bitcoin using GBTC at an average price of $602.71 per coin. That is a premium almost 40 percent higher than the actual price of Bitcoin.
[...]As the XBT Provider plans for global expansion, the team is looking forward to securing larger investments from institutional clients, and hoping to achieve new milestones throughout 2016.
"We do have alternative investment hedge funds and insurance companies as investors and predict larger investments from more institutions in 2016, as more asset managers start to feel comfortable with Bitcoin," a team statement said.
