The Bitcoin yield gap in Colombia: unraveling the influence of FX and Bitcoin convenience yields
Abstract This study examines why Bitcoin consistently traded at a discount in Colombia compared to the US market between April 2020 and July 2023. We introduced the “Bitcoin yield gap,” representing the difference between Bitcoin’s trading price in Colombia and its global price. Using robust ordinar...
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Format: | Article |
Language: | English |
Published: |
Springer Nature
2024-12-01
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Series: | Humanities & Social Sciences Communications |
Online Access: | https://doi.org/10.1057/s41599-024-03872-y |
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