Gurbacs stressed how investors prefer full ownership over fractional ownership.
The advisor maintains that biases are a powerful tool for understanding markets.
Unit bias psychology promotes holding entire units, which might make prospective investors wary of purchasing fractional Bitcoins, says Gabor Gurbacs, an advisor at VanEck. One such answer he proposes is the use of Bitcoin exchange-traded funds (ETFs).
Gurbacs said in a series of tweets on Twitter that a lot of people don’t know they can own a piece of Bitcoin and that even more people would rather own just whole assets. In addition, he stresses again how investors prefer full ownership over fractional ownership.
Powerful Tool for Understanding Markets
Having complete ownership of a share is more satisfying than having 0.001 Bitcoin. He made the comment that it is significant despite how little it seems. Although Gurbacs acknowledges that this is not a novel argument, he maintains that biases are a powerful tool for understan
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