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0 sats \ 2 replies \ @Bell_curve 25 Feb \ parent \ on: US ETFs have 3.75% of BTC supply. charts_and_numbers
Will gbtc go to zero?
I bet it stops around 200k
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0 sats \ 1 reply \ @JuanMiguel 25 Feb
No pointing holding gbtc, fees are huge
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10 sats \ 0 replies \ @TwoLargePizzas 25 Feb
It's not just about fees. There's also liquidity and taxes.
Besides, there's nothing stopping GBTC from lowering their fees to remain competitive. The reason they haven't is because they're taking the bet some people will stay.
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