Grayscale to Lower Bitcoin ETF Fees Amid Massive Outflows
Outflows Cross $12 Billion Grayscale’s Spot Bitcoin ETF (GBTC) has been facing significant outflows recently, totaling over $12 billion since trading began. The company’s CEO, Michael Sonnenshein, has acknowledged this and announced that fees for the ETF will be reduced. Grayscale’s High Fees Grayscale’s GBTC has the highest ETF fee in the market, charging investors…