Post
Topic
Board Speculation
Re: GBTC Bitcoin Investment Trust – the 74% premium to NAV is based on a fallacy
by
plusalpha789
on 02/02/2018, 00:01:25 UTC
A good strategy is buying GBTC whenever premium is less than 15% and selling whenever it goes over 85% premium. Rinse and repeat.

That sounds wise.  Premium ended today at 43%, so we still have some more premium compression to go before I'd consider buying/covering.  I do think that the range going forward might be lower than the 15-85% you suggest, because very few U.S. investors had previously known that they could trade the zero-premium European alternatives, and more and more will know over time.