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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: walterenergy who wrote (71608)	11/21/2022 1:37:25 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78719

re GBTC -You also have to consider that they have about 2% annual fees on this. You can see this in their 10-Q, they pay for the fees by selling BTC.

To: walterenergy who wrote (71608)	11/21/2022 7:58:30 PM
From: scbeachbum	Respond to of 78719

Didn't Genesis have some liquidity issue? Usually when they pause withdrawls it's not a good sign. I understand the need for security to prevent hackers, but they should be able to show their holdings somewhere, not seem to say they aren't going to prove it. With that being said maybe there's also a way to hedge GBTC to BTC somehow since there's a huge disconnect. The disconnect could also be people not trusting what they claim to hold too.