PANews reported on January 6th that, according to EmmettGallic monitoring, Grayscale's Zcash Trust ($ZCSH) management fees have climbed in tandem with the risingPANews reported on January 6th that, according to EmmettGallic monitoring, Grayscale's Zcash Trust ($ZCSH) management fees have climbed in tandem with the rising
Grayscale's Zcash Trust management fees have risen along with the increase in ZEC prices, reaching $440,000 last week.
PANews reported on January 6th that, according to EmmettGallic monitoring, Grayscale's Zcash Trust ($ZCSH) management fees have climbed in tandem with the rising price of ZEC. Last week's fees were $440,000, compared to $32,000 six months ago. The trust's annual management fee rate is 2.5%, so when the price of ZEC increased 15-fold, Grayscale's fees also increased 15-fold. The trust currently holds 393,000 ZEC.
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