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Grayscale Announces 1.5% Fees for Its Proposed Bitcoin ETF Uplist

Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs), in an updated S3 filing on Monday.

Grayscale Investments CEO Michael Sonnenshein
CEO Michael Sonnenshein's Grayscale Investments is potentially moving one step closer to converting its GBTC to an exchange traded fund. (Shutterstock/CoinDesk)