Grayscale can't bear it anymore? It announced that it would reduce its ETF fee rate to 0.15%, making it the cheapest ETF.
Grayscale's GBTC is the biggest driving force for the BTC market crash after the ETF, and a total of 315,000 BTC have been sold. I believe everyone must still remember the experience of waiting for Grayscale to crash the market every night. Now it seems that there is no need to wait for two months, and Grayscale has decided to reduce the fee rate.
The specific measure is that Grayscale will invest 10% of the assets of Grayscale Bitcoin Trust (GBTC) into the newly established ETF product Bitcoin Mini Trust (BTC), and the fee rate of this trust is only 0.15%, the lowest in the market.
Grayscale currently holds 305,000 BTC, 10% is 35,000, and this should be just the beginning. Conservatively estimated, at least 20-30% of the existing BTC will remain in Grayscale, which means that the selling pressure will be reduced and the time will be shortened.
Therefore, it is a good positive for the price of $BTC .
#灰度 #EFT #大盘走势
Grayscale's GBTC is the biggest driving force for the BTC market crash after the ETF, and a total of 315,000 BTC have been sold. I believe everyone must still remember the experience of waiting for Grayscale to crash the market every night. Now it seems that there is no need to wait for two months, and Grayscale has decided to reduce the fee rate.
The specific measure is that Grayscale will invest 10% of the assets of Grayscale Bitcoin Trust (GBTC) into the newly established ETF product Bitcoin Mini Trust (BTC), and the fee rate of this trust is only 0.15%, the lowest in the market.
Grayscale currently holds 305,000 BTC, 10% is 35,000, and this should be just the beginning. Conservatively estimated, at least 20-30% of the existing BTC will remain in Grayscale, which means that the selling pressure will be reduced and the time will be shortened.
Therefore, it is a good positive for the price of $BTC .
#灰度 #EFT #大盘走势
