Grayscale’s GBTC faces tough competition from Blackrock and Fidelity Bitcoin ETFs

Amidst the evolving landscape of cryptocurrency investment vehicles, Grayscale’s Bitcoin Trust (GBTC) finds itself under increasing pressure from newly introduced exchange-traded funds (ETFs) by Blackrock and Fidelity.  An analysis conducted by JPMorgan suggests that unless GBTC makes substantial adjustments to its fee structure, it may continue to hemorrhage funds to these emerging... source: https://www.cryptopolitan.com/grayscales-gbtc-faces-tough-competition/