It's a futures based ETF, which means you pay fairly heft fees when holding it (vs a spot ETF). If you have access to GBTC instead, it's trading at a discount,

It's a futures based ETF, which means you pay fairly heft fees when holding it (vs a spot ETF). If you have access to GBTC instead, it's trading at a discount, and intends to convert to a spot ETF, so it's likely the better option.