GBTC Fee was moved to 1.5% last week it was announced. Still insanely high. Don’t see that playing well in medium run to long run.
Fees won’t be jacked up at all. The competition will keep fees low on general.
Side note, I see many saying things pop off at having. Never has been true. Use president election as market. 2012 the price surge was one year later, $80 to $1150 fall 2013…. 2016 we hit the $19K high December 15th 2017, I remember cause I sold that day (not a joke). Then 2020 election months after having we were still around 60% of previous ATH and November 2021 hit 69K new high! same cycle every time…. It can be different this time no doubt but that is the trend to an exact science. Election then one year out minis or plus a few weeks…
My post from December 15th 2017 All Time High Day
