CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
coinpedia 2024-05-31 13:27:03

Grayscale Commissions Flow Traders To Sell $21.75 Worth ETH

The post Grayscale Commissions Flow Traders To Sell $21.75 Worth ETH appeared first on Coinpedia Fintech News In a strategic approach to maintain the fund’s sustainability and operational efficiency, Grayscale has commissioned Flow Traders to sell 5,812 ETH worth $21.75 million to cover the management fees for the Ethereum trust fund. Grayscale charges a 2.5% management fee annually for its Ethereum trust. Notably, Grayscale withdrew its staking proposal from the Ethereum ETF …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.