
Grayscale's CEO, @Sonnenshein, announced that the fees for its bitcoin exchange-traded fund (GBTC) will decrease over time. This statement, reported by @JamieCrawleyCD, comes in the wake of the fund experiencing significant outflows every week, with a reported $12 billion exiting due to concerns over high fees. The decision aims to address the growing dissatisfaction among investors and potentially stabilize the fund's performance.

Grayscale CEO says fees on its bitcoin ETF will drop over time after outflows hit $12 billion - CNBC https://t.co/EAAX9CqUcv
🚨BREAKING: @GRAYSCALE CEO REVEALS THAT ITS $BTC ETF FEES WILL COME DOWN "OVER TIME"
Digital asset investment manager @Grayscale’s CEO @Sonnenshein said that the fees of its bitcoin exchange-traded fund (GBTC) will decrease over time. By @JamieCrawleyCD. https://t.co/hc6DqCJzek