Grayscale Bitcoin Trust (GBTC)

[rudik]

GBTC was a tool used to purchase bitcoin because most people did not understand how to buy it, obtain a wallet, etc. The GBTC premium drop shows the market has come a long way in making the purchase of BTC much eaiser and less people are willing to pay a 10% premium to have someone else buy and hold their BTC. I seriously wonder why this type of article is even run. GBTC has never been anything more than a tool to make a hefty profit off new Bitcoin investors. They may start with GBTC but soon enough they set up theor own wallets and keep the 10%. How can anyone seriously say interest in crypto is down. Stop measuring by the hour and look at a 4 year window. Amazing returns. What a great time to be a part of this exciting class , revolutionizing the way we interact and deal with each other. Crypto is the future, stop reading pointless articles and fear headlines.