Grayscale is still selling Bitcoin, and its BTC holdings have dropped to 336,000, which is half the price. Grayscale CEO said before that he would consider reducing management fees, but no action has been taken so far. It is estimated that he wants to wait until all existing holdings are replaced by users before reducing it to 0.2%, which is consistent with BlackRock. After all, after nurturing customers for so many years, other asset managers come in to share the cake. If they don’t rip off customers, they will not be able to collect such a high management fee of 1.5% in the future.

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