RE: Dipped in and out of arb12 Jan 2021 11:04
I disagree (tho im sure the we shouldn't be adding to this thread - even tho ARB profits have prolly pushed EUA positions higher).
Crypto - tax payable on all gains.
ARB - held in SIPP/ISA = tax free.
ARB - undervalued vs American peers = none crypto related gains whilst catching up. (therefore better than Crypto)
Crypto security issues, re-banking profit issues, etc... (Shares better than Crypto)
Also UK residents quite difficult to expose portfolio to crypto (esp with Gov't locking down certain products) ARB shares may be sought after by big players for exposure = great demand.
Neway I feel more comfy holding shares than I would holding crypto.