JP Morgan analyst: If Grayscale does not reduce GBTC management fees, it may lead to further capital outflows
Morgan Stanley analysts stated in a recent report that if Grayscale does not effectively reduce fees, more funds may flow out of GBTC. BlackRock charges only 0.12% in fees, Fidelity charges 0.25%, Cathie Wood's Ark Invest fund currently has no fees and will rise to 0.21% after six months, while Grayscale GBTC's management fee is 1.5%. The report shows that Grayscale's current difficulties are not limited to fees, as the difference between GBTC's stock price and the net asset value per share at the close, as well as the "Hui-Heubel liquidity ratio" representing market breadth, are both behind BlackRock and Fidelity.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
GHO HodlerYield promotion rules
Bitget releases July 2025 Protection Fund Valuation Report
New spot margin trading pair — TOWNS/USDT!
[Initial Listing] Bitget Will List GHO (GHO) in the Innovation Zone
Trending news
MoreCrypto prices
More








