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bitcoin
Bitcoin (BTC) $ 97,391.09
ethereum
Ethereum (ETH) $ 3,289.80
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 618.24
usd-coin
USDC (USDC) $ 0.998709
xrp
XRP (XRP) $ 1.42
binance-usd
BUSD (BUSD) $ 0.990372
dogecoin
Dogecoin (DOGE) $ 0.395147
cardano
Cardano (ADA) $ 0.894211
solana
Solana (SOL) $ 253.87
matic-network
Polygon (MATIC) $ 0.452225
polkadot
Polkadot (DOT) $ 6.11
tron
TRON (TRX) $ 0.197965
More

    Grayscale cuts Bitcoin ETF charge to 1.5% amid competitors

    Latest News

    NEW YORK – Grayscale Investments, the asset administration agency with $27 billion in belongings underneath administration (AUM), introduced in the present day a discount within the administration charge for its spot ETF. The charge will lower from 2% to 1.5%, a strategic transfer meant to boost the fund’s liquidity and accessibility for traders.

    The choice to decrease charges displays Grayscale’s effort to stay aggressive in an more and more crowded ETF market. Companies like BlackRock (NYSE:), Ark, 21 Shares, VanEck, and Bitwise have been vying for market share with decrease charge buildings, prompting Grayscale to revisit its pricing technique.

    Grayscale has broadened its community of approved individuals. This growth is a component of a bigger initiative to bolster investor confidence in its monetary merchandise and to adapt to the dynamic cryptocurrency panorama.

    This text was generated with the help of AI and reviewed by an editor. For extra info see our T&C.

    See also  Brazil's Congress strikes to levy larger taxes on cryptocurrencies

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