Another story on the massive premium investors are ‘willing’ to pay to invest in bitcoin without the hassle of actually buying and storing bitcoin. But a 130% price premium compared to its NAV value is just crazy and for as far as I know not comparable to premia paid on funds investing in regular asset classes. I would advice against an investment in this fund.

http://www.etf.com/sections/blog/be-wary-skyrocketing-bitcoin-fund?nopaging=1