Actually gbtc may be worthless. It's in cash. And I think that's why it's really at a negative premium. The Canadian fund is also negative premium now. People want the actual coin. Not government printed money.
Bought half mil today. Negative premium is like buying BTC at 43,000 big smile
Reponses didn't age well.
Too bad it’s going down to 20s
Actually gbtc may be worthless. It's in cash. And I think that's why it's really at a negative premium. The Canadian fund is also negative premium now. People want the actual coin. Not government printed money.