Grayscale CEO: Expected to reduce fees for Grayscale Bitcoin Spot ETF in the coming months

BlockBeats news, on March 19, Grayscale CEO Michael Sonnenshein said that as the emerging crypto ETF market matures, it is expected to reduce the fees of Grayscale Bitcoin Spot ETF in the next few months. It is reported that Grayscale’s GBTC has experienced more than $12 billion in outflows since converting to an ETF in early January. Currently, Grayscale GBTC’s management fee is 1.5%.