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RE: Why I broke down and bought a few GBTC in my IRA

in #bitcoin7 years ago

Sounds like a good opportunity given the stock split and novelty of this fund. It will probably stay well ahead of Bitcoin for sometime. It gives the general stock buying public exposure to Crypto without having to navigate the fiat on ramp of Coinbase or the learning curve that comes with understanding and protecting crypto wallets and private keys.

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Exactly. One of the reason I was cautious on it was because I thought an ETF would be here shortly, but the more I read the more it sounds like an ETF is very doubtful any time this year.

Oh... that is interesting!