
Turns Out... Inflation Was Transitory | Weekly Round Up
Supply Shock
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The Fees, the Fees on the Underlying of Bitcoin
There's 2.5% you're paying to own to hold Bitcoin in a way that could be publicly traded. So this means if Bitcoin is trading, just use really simple numbers. If Bitcoin is trading at 10,000 and right now the discount is, you know, GBTC is trading at half of that. You're not paying 2.5 on the 5,000. You're too. You're paying it on the 10,000. It's much higher fee than the face value of your GBTC shares. That is that is something that is all going to get resolved here.
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