BlackRock charges $1,250 less a year than GBTC to hold the same bitcoin
- —On $100,000 of bitcoin, BlackRock costs about $1,250 less per year than GBTC
- —The gap comes from IBIT's lower sponsor fee versus GBTC
- —Lower fees raise net returns for long-term bitcoin holders
Why it matters: Fees directly affect ETF returns, so flows into cheaper funds like IBIT should keep pressuring GBTC.
Source: Google News (crypto query)