Gabor Gurbacs, an adviser at VanEck, highlights the psychology that makes investors feel more satisfied when owning an entire asset rather than just a fraction, particularly with Bitcoin.
The price of one whole Bitcoin (BTC) can deter potential investors who are hesitant to buy only a fraction of the cryptocurrency due to unit bias psychology, which favors owning complete units, according to VanEck adviser Gabor Gurbacs. He suggests that Bitcoin exchange-traded funds (ETF) are a solution to this challenge.
In a series of posts on X (formerly Twitter), Gurbacs stated that many people are still unaware they can own a part of a Bitcoin and suggested there are even more individuals who prefer to own only complete assets:
Furthermore, he reiterates that it seems more appealing to investors to own a whole asset than a fraction.
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Source: https://cointelegraph.com/news/bitcoin-etf-unit-bias-psychology-vaneck