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.... But i believe GBTC is still the only alternative for US retirement accounts. It's just a matter of options, if you're able to do so, buy the real thing, if not it's an alternative that might work for you.

GBTC is also a 1000 pound guerilla, a good indicator of markets interest in BTC if you know how to read it
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@cryptoboss2020, THIS!!

I am in the US, and have retirement accounts that I want to have exposure to bitcoin. I can't buy bitcoin directly in those accounts, so GBTC is the only way at the moment.

I mean I could also invest bitcoin indirectly, by buying MicroStrategy, Riot Blockchain, and such other stocks, but these do not necessarily track bitcoin price movement. And they are highly speculative. I was a miner once, and mining goes through BIG boom bust cycles, and I think you would be crazy to put money into public crypto mining companies at their current prices unless you want to speculate. MicroStrategy is interesting, but I have no idea where they are going...are they pivoting from a Business Intelligence software firm (with declining revenue mind you) to something in the blockchain space? If so what will they do and how will they get the shortage of crypto software engineering talent?