Gbtc

Gbtc GBTC fees are about 1 5 annually Other ETFs are as low as 0 2 So those who held GBTC to have bitcoin exposure in retirement accounts or for convenience are selling GBTC and buying

When GBTC converted to an ETF I was fully expecting the 2 fee to drop to 0 5 or less and was shocked when the new 1 5 fee was announced It s just such a flagrantly expensive Grayscale Bitcoin Trust GBTC is a fund that allows investors to gain exposure to Bitcoin without having to buy or store it directly It has been around since 2013 and has

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Gbtc

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Everyone throws out huge numbers for GBTC premium you will regularly hear 30 And I ve been to a few websites that have you plug in numbers to produce a premium By GBTC suppressing this cycle you mean people owning GBTC deciding to swap over to IBIT and FBTC It s not like Grayscale is intentionally selling BTC or liquidating

How would I approach the UNDETERMINED TERM TRANSACTIONS FOR NONCOVERED TAX LOTS with the GBTC fund There are weekly transactions to pay the TrueI hold some GBTC in my Roth I believe the expense ratio is 2 xx I bought it well before any Bitcoin ETFs existed However I understand now there are Bitcoin ETFs

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GBTC expense ratio 1 5 IBIT 0 25 now there s no discount on GBTC I would see no reason not to switch unless it were in a taxable account with large unrealized gains GBTC is trading as of writing for 8 90 per share At current BTC prices 00091487 BTC calculates to 15 04 USD so this seems to be a great investment Looking forward to thoughts from the

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Can Anyone Explain Whats Going On With GBTC Reddit

https://www.reddit.com › ... › comments › can_anyone_explain_whats_g…
GBTC fees are about 1 5 annually Other ETFs are as low as 0 2 So those who held GBTC to have bitcoin exposure in retirement accounts or for convenience are selling GBTC and buying

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Is It Likely Grayscale Will Drop Its 1 5 Fee On GBTC At Some Point

https://www.reddit.com › investing › comments › is_it_likely_grayscale_…
When GBTC converted to an ETF I was fully expecting the 2 fee to drop to 0 5 or less and was shocked when the new 1 5 fee was announced It s just such a flagrantly expensive

Get More Here!!

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