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Again, you are reading all of this correctly. You can buy Bitcoin directly if you want to own Bitcoin. There's no requirement that you have to invest in GBTC in order to enjoy the surge in Bitcoin. As I've already explained, the average premium according Grayscale is 42% but right now it's about 85% over Bitcoin.Should you invest in Bitcoin?
Because Bitcoin is on the internet, they are even easier to steal and much harder to return and trace. Bitcoin itself is secure, but bitcoins are only as secure as the wallet storing them. Investing in bitcoin is no joke, and securing your investment should be your top priority.How does GBTC track bitcoin?
Put simply, the GBTC is a financial vehicle that allows investors to invest in trusts that, in turn, hold large amounts of Bitcoin. This means that as the price of BTC rises (or falls), shares in these trusts track the value of the cryptocurrency — but only roughly.