Deleted Account on Nostr: I'm trying to understand why Grayscale is trying to destroy their own business with a ...

I'm trying to understand why Grayscale is trying to destroy their own business with a 1.5% fee.

quoting
note1e4e…lz67

Bitcoin ETF Net Inflows Near $1B After Three Days

Grayscale's GBTC has seen sizable outflows as investors cash following its conversion to a spot ETF.

https://www.coindesk.com/markets/2024/01/17/bitcoin-etf-net-inflows-near-1b-after-three-days/?utm_medium=referral&utm_source=rss&utm_campaign=headlines