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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Bibliographic Details
Main Author: Jairo Andrés Rendón
Format: Article
Language:English
Published: Springer Nature 2024-12-01
Series:Humanities & Social Sciences Communications
Online Access:https://doi.org/10.1057/s41599-024-03872-y
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