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Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw

Quick Take

1) Assets under management at Grayscale's GBTC have slumped 50% due to aggressive outflows since it became an exchange-traded fund.

2) Even so, Grayscale is making five times the amount BlackRock is from IBIT, CoinDesk calculations show.

3) That's down to GBTC's expense ratio of 1.50%, compared with IBIT's 0.25%.

Read More:

Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw

Quick Take

1) Assets under management at Grayscale's GBTC have slumped 50% due to aggressive outflows since it became an exchange-traded fund.

2) Even so, Grayscale is making five times the amount BlackRock is from IBIT, CoinDesk calculations show.

3) That's down to GBTC's expense ratio of 1.50%, compared with IBIT's 0.25%.

Read More: https://www.coindesk.com/markets/2024/10/02/grayscales-high-etf-fee-keeps-the-cash-flowing-in-even-as-investors-withdraw/