During a recent interview, the CEO of Grayscale made a public statement emphasizing the importance of considering fees when selecting investment products. The company managing the assets and the issuer are also factors to consider, along with the scale, liquidity, track record, and other aspects.$SOL
In essence, Grayscale justifies its high fees as necessary for maintaining a "healthy" ecosystem. This perspective is specific to Grayscale and may involve negotiations with regulatory bodies and other institutions. However, in general, Grayscale asserts that elevated fees are crucial for ensuring the fund's normal operations.
When considering the current level of liquidity, it's evident that apart from major players like BlackRock and Fidelity with trillions of assets, even prominent entities such as ARK and Franklin Templeton have relatively limited liquidity. Given the inflow of capital and the management fees, there is a strong likelihood of achieving financial sustainability.$ETH
