@davidcjonesvt Can you point me to where GBTC says they are management fees? In GBTC's 2021 Grantor Trust Tax Information letter, the second paragraph states, "Instead, the Trust's income and expenses 'flow through' to the Shareholders." The term "management fees" is nowhere in that document. Is it somewhere else?
Also, why would GBTC give you all that information about how to calculate expenses if it has no purpose? Why not just give you the necessary information to calculate the change to your Cost Basis and leave it at that?
