GBTC is it's own weird separate thing, with a whole bunch of red flags. It's not yet an ETF. They don't even distribute the fund prospectus online, it's only av

GBTC is it's own weird separate thing, with a whole bunch of red flags. It's not yet an ETF. They don't even distribute the fund prospectus online, it's only available by email request. Tracking for actual BTC futures ETF's is quite good. Arbitrary example: https://ycharts.com/companies/BITO/discount_or_premium_to_nav https://ycharts.com/companies/BITO/discount_or_premium_to_na... GBTC has diverged so far because it doesn't have a public creation/redemption mechanism. Matt Levine briefly touched on this recently: https://www.bloomberg.com/opinion/articles/2024-01-04/put-the-bitcoins-in-the-box https://www.bloomberg.com/opinion/articles/2024-01-04/put-th...