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Originally Posted by Winsor_Pilates
Thanks.
Yeah, I've run all of this through my advisor and accountant and it's long term investments for me. It's definitely better in my corporate structure, I'm just bad with the details (which us why I hire the pros).
How has the ETF performed compared to Bitcoin?
Does it actually mirror the returns closely?
Does bitcoin dropping 7% today mean the ETF did as well?
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The new ETFs, like BTCC (not GBTC - which is a trust) are tracking very close to the actual price of bitcoin at all times +/- 2%. They have finance people constantly adjusting their BTC holdings to track directly to the price. So the answer is they are effectively tracking the price.
GBTC however which is a trust and holds a lot of Bitcoin had many issues with tracking the actual price. Sometimes their premium to NAV was 30% higher than the actual BTC they owned. I think they are currently actually trading at a discount due to the fact that everyone is moving their holdings to the legit ETFs such as BTCC.
I haven't done such an analysis on a corporation vs sole proprietorship in over a decade when I get was getting my CA but it can vary on a case by case basis in addition to assumptions such as future tax brackets, market returns, income splitting assumptions and corporate tax rate assumptions.