GBTC has Wealthsimple Crypto BEAT by a country mile!! Wealth Simple has a 2% custody fee applied to each trade - I call it a commission for all intensive purposes. Plus you also pay the spread between the bid and ask - not sure if Wealthsimple gets that spread or not. So, if you buy and sell on the same day, you pay 4% trading fees which is freaking HUGE!! Its a rip off!! Sure GBTC has an annual management fee of 3% but you only pay this if you hold GBTC for a whole year. With discount brokerage fees near zero, it makes NO SENSE to buy Wealthsimple crypto......you trade crypto, you don't own it. No wonder GBTC daily average volume is over 5 million shares a day.....insane!!