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GBTC is very reasonable now. (for IRAs)

Bitcoin breaks above $51k amid optimism for new highs

If you want to get exposure to BTC in your retirement accounts I would say GBTC is much more reasonable lately. The premium has been consistently sub 5% and even negative at times. In the past it was as high as 20-30%, which made it too damn expensive. There is a 2% management fee. Lyn Alden just did a great explanation of what the Grayscale bitcoin trust (GBTC) is on The *What Bitcoin Did* podcast from Feb. 25. If you go to [bitbo.io](https://bitbo.io) and scroll down a bit the premium is tracked. Right now it’s -2.25 % to the GBTC NAV.


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3 Comments

What do you think?

So… are we here… *sweating nervously*

When Elon promised you if you sold your house and buy crypto you’d get moons but all you got was a couple Reddit moons and debt