Summary of Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Summary of Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
The source article:
Grayscale's GBTC exchange-traded fund has seen a significant decline in assets under management due to aggressive outflows since it became an exchange-traded fund. Despite this, the fund is still generating more income than its rivals due to its expense ratio. Grayscale's bitcoin exchange-traded fund is reaping higher income than its rivals even as investors flee the vehicle for lower-cost options.
The source article:
quoting nevent1q…5m2pGrayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw
Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management.
https://www.coindesk.com/markets/2024/10/02/grayscales-high-etf-fee-keeps-the-cash-flowing-in-even-as-investors-withdraw/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Grayscale's GBTC exchange-traded fund has seen a significant decline in assets under management due to aggressive outflows since it became an exchange-traded fund. Despite this, the fund is still generating more income than its rivals due to its expense ratio. Grayscale's bitcoin exchange-traded fund is reaping higher income than its rivals even as investors flee the vehicle for lower-cost options.