Bitcoin and cryptocurrencies are some of the hottest asset classes of 2021. Is it a mega bubble waiting to POP or can its red-hot momentum continue into 2022? We that discussion to another day. In this article, I will like to highlight what the Grayscale Bitcoin Trust, or GBTC for short, and how its transition into GBTC ETF could allow you to purchase Bitcoin at a discount right now. Is GBTC an ETF? Before we dive into the details, let’s first be clear that Grayscale Bitcoin Trust is NOT an ETF. Or at least not yet. For a normal ETF, they have “authorized participants” that can trade the underlying assets for shares they represent at market value. The role of these participants, which is to create or redeem shares, ensures that the market price of the ETF is trading in line with its net asset value....