Gabor Gurbacs, an advisor at VanEck, highlights the psychology that leads investors to 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 advisor 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 while suggesting there are even more individuals who prefer to only own complete assets:
Furthermore, he reiterates that it seems more appealing to investors to own a whole of something, as opposed to a fraction of an investment.
