Messari: Grayscale may have already made precise calculations on the GBTC fee rate, and 1.5% aligns with its maximum interest

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2024/01/21 02:46

ChainCatcher news, when discussing why Grayscale set the fee rate for GBTC far higher than other competitors at 1.5%, Dan McArdle, co-founder of Messari, said: "The simplest explanation is perhaps the most likely. For example, Grayscale may have considered all factors and by maintaining a high fee rate, they can earn more money. They have probably calculated how much percentage of funds will flow out under such a high fee rate and how much percentage will continue to stay for many years."

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