which bitcoin ETF should you buy?
I'm selling $GBTC and buying $BITB tomorrow
why?
1) lowest fees
2) 10% to quality open source development orgs
of course, self-custody your main stack… this is just for tradfi needs
Discussion
Consider capital gains tax. Moving from gbtc to bitb will save a little in fees, but after capital gains tax, you will likely end up with less btc.
becareful in non-qualified accounts otherwise you will pay uncle Sam and auntie State 30% in cap gains taxes
Buy mining companies instead if you have money locked up in a 401k which you can’t buy Bitcoin with.
That’s the neat part… you shouldn’t buy any of them