GBTC TRUST - THE EVERYMAN'S ARB?

And why the 'tourist is scaling back on his limited bitcoin exposure

Back on October 19th, I got … well, how should I say this? Let’s go with “less bearish on bitcoin”. Actually, I even went as far as saying “The MacroTourist is still bearish, but that won't stop him from surfing this wave”. You can read the whole post here - THE GREAT BITCOIN SQUEEZE OF 2020?

When I paddled out into this bitcoin sea, I didn’t notice …