MSTY - Update after 17 distributions
A $70k investment in MSTY when the fund came out in February of 2024 would have gotten you ~3,333 shares.
A $70k investment into Bitcoin would have gotten you ~ 1.34 BTC
If you didn’t need the income and just bought Bitcoin with the distributions you would have stacked ~1.75 BTC
If you needed the income, those 3,333 shares would have paid you $7,998 on average every 4 weeks. The distributions ranged between $3,945 - $14,738
If you sold the 1.34 BTC for income in equal amounts to the MSTY distributions you would have ran out of bitcoin after 10 distributions
No opinions, just the facts. Do with this information what you will. *Taxes are not taken into account for simplicity since everyone has different tax considerations.