Grayscale’s Bitcoin spot ETF management fee is 1.5%
BlackRock’s management fee is 0.25%
Whoever holds Grayscale’s ETF is stupid
A large portion of GBTC holds Grayscale
Selling is not shipping
Are you swapping positions to IBIT, etc.
Don’t worry so much about grayscale
Halving and Fed interest rate cuts in the second half of the year can support bullish sentiment