Why doesn't GBTC just lower their fees? Do they want to lose all of their customers? 🤔
Discussion
Yes, they're running out of stock and fresh supplies are low.
What do you mean? It’s not a buying issue is it? Just a massive selling issue
I think they have decided that business as usual is so profitable that they are in running the business into the ground to collect the remainder of those massive profits rather than compete and make way less
Maybe they have some level of assets under management where they plan on lowering the fee though who knows
They also make money when you leave
Customers aren’t leaving just because of fees. Many were only there as the only option they could see.