Is GBTC Stock a Good Bitcoin Alternative?

GBTC is the acronym and ticker symbol for the Grayscale Bitcoin Trust. This unique alternative investment allows you to invest in Bitcoin in much the same way you would a stock or ETF. In this video I break down why I bought GBTC instead of Bitcoin for my stock portfolio. There is a premium involved with GBTC so it is not a perfect match for every investor. The point here is to understand the expenses and structure to see if it matches your investing goals.

☀️ Sign up for my free stock analysis report:

💡 I use TipRanks to track analyst opinions. Learn more here:

This stock analysis of GBTC includes a review of GBTC's Bitcoin holdings per share, expense fees, and the premium attached to each share. I break down all of the key metrics to help you develop your own opinion of the Grayscale Bitcoin Trust.

Related 40 Finance videos to check out:

4 Bitcoin Stocks to Watch

Buy PayPal Stock on Bitcoin News?

[uria]

I love gbtc. It allows you to own Bitcoin in tax-advantages accounts like Roth IRA. If you’re investing for the long term, you can retire with gbtc with all the gains completely tax free.

[ljrockstar]

Is this an alternative to get instead on buying bitcoin?

[jwetzel]

OBTC is out now and had quite a bit of chop working out the premium. Curious your thoughts on those guys. Seems like more funds will be on the way.

[challingsworth]

Where does the 2% fee come into play? Say I buy a few shares in an ira via vanguard. Do I have to have money in my settlement fund in preparation for this? Sorry if this is a noob question

[mitch]

Can someone explain why the price of GBTC fell so much today If fell harder that BTC which it is supposed to track

[MrNetsecure]

Great Video! You made me understand the pros/cons of GBTC and how its a great fit for someone like me who just wants some exposure to bitcoin and not get left behind. I am investing in GBTC a little from now every month. God bless you!

[stonkedup]

Great vid as always, Jeff. I had a ton of gbtc a few weeks ago. I did well off the run up but ultimately i was frustrated that I couldn’t sell calls on it either. I also had ETHE and after the seeking alpha hit job that was the final straw for me. I still have a little exposure but I’m gunna stick to doing my main buying on Kraken. The little exposure I have will be in my Roth.

Also, how about that intel meltdown. Ride the amd wave with me!!! I like your long position in TJX btw. I’m averaging in with leaps in anticipation of the reopen hype. Have a great weekend brotha

[pherylihy]

It's concerning to me that the gbtc premium has gone negative. Do you think this is temporary? I'd imagine when btc surges to new all time highs that a premium will return.

[mitch]

Why did GBTC fall $10 after hours today?

[musiclover]

Liked. GBTC premium is not the only consideration. They also siphon off 2.5% each year. Or am I not understanding this?

[johnburger]

Great video about GBTC Jeff! I found out about GBTC from ARK too lol. I just wanted to have a small amount of Bitcoin in my growth account also. I've really enjoyed the decision. I'm sure you have to now lol. Keep up the great work 📈

[Pindipigeonsclub]

Finally I found a good information of GBTC in this video 👍 subscribe

[chrisp]

Good video! I read somewhere there is a minimum investment of 50k for gbtc is this correct? I'm not defiantly don't have that much

[wjggmt]

People keep saying "its a rip off". But I thought it was actually a way to get into some BTC on a bit of discount.

[suns]

fuk that. they are literally robing you. just buy it from Robinhood or something. this should be illegal

[knaanLa]

Is it less fees to buy bitcoin using gbtc than buying bitcoin using cashapp or PayPal?

[tzuanyeh]

What percentage u would allocate in ur portfolio?

[GAYDASH]

As always good ideas, waiting for new ones :))))

[Jimo]

gbtc seems like a scam. Bitcoin is up 50 percent since jan 8th and gbtc is flat since then. I think im going to sell all my gbtc and buy bitcoin direct.

[jimmoliterni]

Thanks for the video. Good info on GBTC. One detail I believe needs some clarification is the fact that one can buy BTC directly and most importantly fractionally. So this is not an advantage of buying GBTC.