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Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M Newsbtc 3 weeks ago

Grayscale Battling Outflows And Lower-Cost ETFs, Q1 Revenue Stays Flat At $156M

Bitcoin ETF GBTC Grayscale Investments Digital Currency Group

Grayscale Investments faced flat Q1 revene despite converting their GBTC Trust to an ETF, competing with lower-cost alternatives like BlackRock and Fidelity. Grayscale plans to launch a lower-fee Bitcoin Mini Trust to retain investors. Parent company DCG saw an 11% revenue rise, driven by higher crypto asset prices.

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