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Cá Ba Sa
@cabasa
Grayscale Launches Aave Fund “Grayscale Aave Trust gives investors exposure to a protocol with the potential to revolutionize traditional finance”
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Du Tho
@dutho
The answer lies in BitGo’s revenue model for WBTC, which depends on the fees generated from minting and redeeming the token. There are no fees for simply holding WBTC on users’ behalf. However, minting and redeeming activity has stagnated over the past couple of years. While WBTC remains widely held, the lack of movement has likely caused a decline in BitGo’s revenues from this service.
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