Grayscale Ethereum Classic Trust reduces Sponsor's Fee from 3.0% to 2.5%

Grayscale Ethereum Classic Trust (ETC)

Sponsor's Fee cut from 3.0% to 2.5% of Digital Asset Holdings Fee Basis Amount, effective April 1, 2022.
Sponsor will stop directing up to one-third of its fee to Ethereum Classic Network initiatives after April 2022.
Barry Silbert resigned from the Ethereum Classic Cooperative board effective April 1, 2022.
Fee reduction lowers expense ratio for trust shareholders.

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