1 Bitcoin = 0.985 Bitcoin... at Grayscale. Stack sats not ETFs 🤷♂️
GBTC is not an ETF
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GBTC != BTC either
It isn't BTC either and GBTC comes with a 1.5 tax
No one said it was. Same as how no one is saying the ETFs are Bitcoin.
There is a cost to self custody as well, albeit lower than 1.5% in most cases.
