Grayscale CEO: Expects to lower GBTC fees in the coming months

ChainCatcher news, according to CNBC, Grayscale CEO Michael Sonnenshein stated that they expect to reduce the fees of their Grayscale Bitcoin Trust ETF in the coming months.

According to CoinShares data, Grayscale's GBTC has seen outflows exceeding $12 billion since converting to an ETF at the beginning of January, with GBTC recording its largest single-day outflow on Monday, amounting to $643 million.