đ Despite a 50% slump in AUM, Grayscale's GBTC is still making 5x more than BlackRock's IBIT! đ° How? That juicy 1.50% expense ratio compared to IBIT's 0.25%! đ€
Even with investors fleeing to cheaper options, GBTC's head start means the cash keeps flowing. From $29B to $13.65B in AUM, it's still raking in $205M a year! Meanwhile, IBIT, with $17B in AUM, earns just $42.5M. đ
Is this a sign of DeFi resilience or just a fee fiesta? Let's discuss in the comments!đ #DeFi #Web3 #CryptoComedy
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