I wish this question was directly answered by GBTC or the IRS since it's a little more complicated than it seems. And frankly - I think there are a lot of people who have invested in GBTC, not to mention while easier than this, a lot of companies now are starting to include crypto on their balance sheets.
Based on some of the answers and what I know, I'm leaning towards answering "yes" since GBTC owners are essentially a group (the trust) owning BTC. But in my case, it's in an IRA - which should mean it's non-taxable at this time. I am not a tax professional - use this information at your personal peril.
