Replies to post #15948 on Grayscale Bitcoin Trust (GBTC)

[Weed3000]

I did that last year, a big mistake

Sold a sweet GBTC trade from 200 to 550 because people kept talking about the premium coming out, so I bought Bitcoin and made $100k subsequently, whereas if I stayed in the GBTC I would have made 250k MORE.

Won't happen again, premium will hold for a bit. Big money still here. Low float.

[FooBarAndGrill]

re. "BTC ETF"

Here's the SEC proposal RFC: https://www.sec.gov/rules/sro/nysearca/2018/34-82939.pdf

The funds would be tied to futures. One long and one short.