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99 sats \ 1 reply \ @doofus 19 Mar 2024 \ parent \ on: Grayscale - The worst asset management ever seen post ETF approval. econ

I wonder how much they were making off fees alone?

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0 sats \ 0 replies \ @gmd 19 Mar 2024

If nothing changed inflow/outflow...

GBTC - 25B x 1.5% = 375 million annual fees.
Blackrock - 16B x 0.12% = 19.2 million annual fees.

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