Bloomberg Analyst: The fee rate for Grayscale's spot Bitcoin ETF has not been finally determined, and may further decrease
Bloomberg ETF analyst James Seyffart updated information stating that Grayscale has submitted an S-3 update file for Bitcoin spot ETF, with its fee rate dropping from 2% to 1.5%. However, there is a clause about the ability to waive fees. James Seyffart further stated that the current Grayscale spot Bitcoin ETF fee rate has not been finally determined, so it would not be surprising to see Grayscale further reduce the spot Bitcoin ETF fee rate.
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If Bitcoin surpasses $118,000, the total short liquidation intensity on major CEXs will reach $1.12 billion.