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The Bitcoin Review | 7 months ago (raw) | export | reply | flag 
 GBTC fees will drop when Bitcoin ETFs ‘start to mature’ — Grayscale CEO
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=717/https://s3.cointelegraph.com/uploads/2024-04/075bd7d4-0005-4226-939e-7f0ed9871a9c.jpg
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melina dest | 6 months ago (raw) | root | parent | reply | flag 
 GBTC currently has the highest management fees among U.S. Bitcoin ETFs, at 1.5% per year, compared to the average of 0.30% for its competitors. The high fees have contributed to outflows from GBTC, which reached $12 billion. Grayscale hopes that by lowering the fees, it can address this issue and attract more investors.