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GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX
An SI Board Since June 2016
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82 18 0 GBTC
Emcee:  Urlman Type:  Moderated
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82It is 2% per year, and I think they trust has been around for 4 years, so roughlElroy-last Friday
81Ahh. OK. You are discounting the management fee. I didn't use that. But iSGJ-last Friday
80Should be 0.92, not 0.092. That's the 2% per year charge for managing theElroy-last Friday
79 NAV = # of coins * price of 1 Bitcoin * .092 What is this .092 factor you areSGJ-last Friday
78Well, I can see your Google doc, but I can't see the formulas. You've gElroy-last Friday
77docs.google.com I'm going by this and it says 44%. Its going to be about 5SGJ-last Friday
76I asked my broker (TD Waterhourse) where is the GBTC distribution? He called thElroy1last Friday
75Ok, lets try to calculate the premium with Wednesday's closing price and theElroy-last Wednesday
74Nope. 2273/1560= 45% premium as of yesterday's close. Still a hold for meSGJ-last Wednesday
73I didn't get mine yet either. I plan to call Fidelity and find out why. MoSGJ-last Wednesday
72Lets see, so with GBTC $2,500 and Bitcoin at $17,000, the premium is about 70%? Elroy-last Wednesday
71Yes, I read it again and I think you're right, the record date seems to be NElroy-last Tuesday
70I'm reading this as the record date is Nov 6, which has not changed. I wondSGJ-last Tuesday
69<i>I'm surprised the record date is in the future rather than on the dElroy-last Monday
68Most all the exchanges are here: cryptocompare.comSGJ-last Monday
67Premium 13%SGJ-December 9
66:) [graphic]Sultan2December 8
65It wouldn't be possible to acquire all of them - the vast majority of BitcoiSGJ-December 8
64Yes that's the formula docs.google.com I'm getting a 17% premium thiSGJ-December 8
63I was trying to sell a bit of my GBTC yesterday, and was surprised at the tight Elroy-December 7
62<i>the premium on GBTC is coming back into buying range</i> Sorry,Elroy-December 7
61<i>On the other hand, what if the Trillionaires are buying them all up rigElroy-December 7
60That drop was an anomaly. Caused mainly by the relatively illiquid nature of thSGJ-December 7
59About arbitrage... In Ted’s view ‘the bank is taking advantage of the low priClaude Cormier1December 7
58GBTC was $450 lower two days ago.. that was the time to buy if one is still bullClaude Cormier-December 7
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