GBTC ETF is significantly underperforming Bitcoin. GBTC’s 2% expense ratio is generating $740 million in annualized fee income for its management!

Ref: https://www.barrons.com/articles/grayscale-bitcoin-trust-fund-etf-price-51637689328 With $37 billion in assets, the Grayscale trust GBTC is the world’s largest Bitcoin fund. It towers over every other fund on the market. Investors have flooded into the Grayscale trust because it owns Bitcoin directly. Its largest holder …

READ MORE