1min chapter

My First Million cover image

Jack Smith on How r/WallStreetBets is Beating Wall Street - From the Archive

My First Million

CHAPTER

How to Create a Bitcoin Index Fund

Grayscale has 24 billion in assets under management as a pretty new thing. They are buying some sick amount of Bitcoin. I think they hold over 3% of all Bitcoin now. And the crazy thing is everybody who's buying the Bitcoin from there is buying it at a premium because they have not only like a management fee of 2%.

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