Swan on What Bitcoin Did

If you own a Bitcoin ETF, especially if it's GBTC, you need to listen up. Spot Bitcoin ETFs provide price exposure to Bitcoin, not direct ownership. You can't withdraw it. You can't self-custody it. And they charge you a management fee every year to hold it. Well, Swan recently announced Swan Real Bitcoin Exchange, and it's ready to use right now. RBX is a structured in-kind exchange that converts your spot Bitcoin ETF shares into real on-chain Bitcoin. It does that without selling on the open market, and it's designed to support a tax-efficient outcome. So for example, if you hold GBTC, you're paying 1.5% a year in management fees for Bitcoin price exposure. But by swapping GBTC for real Bitcoin with RBX, you can drop that figure as low as 0% by just holding it in self-custody. This is designed in a way that maintains your cost basis and in a manner that supports the deferral of capital gains tax. So if you own a Bitcoin ETF, especially if it's GBTC, you need to talk to Swan Private about RBX today. Head over to swan.com forward slash WBD and book in a call with one of their team. That's swan.com forward slash WBD.