On: Ask HN: Does Grayscale charge $400M/year for holdi...

[verdverm]

There's actually a pretty low-risk 40% gain by doing some paperwork and having access to some big player only loans.

See my other comment for a link which describes the play in more detail.

[Grustaf → verdverm]

Starting, not to mention promoting, a large fund takes a lot of work, trust me.

I’m not sure what 40% you are talking about though.

Not to say that Grayscale is really making the world a better place by providing an actually useful service.