Cryptocurrency Q&A What is the average custodial fee?

What is the average custodial fee?

BitcoinBaron BitcoinBaron Wed Oct 23 2024 | 5 answers 693
I'm trying to understand the typical cost associated with custodial services. Specifically, I'm looking for the average custodial fee that is generally charged. What is the average custodial fee?

5 answers

SumoStrength SumoStrength Fri Oct 25 2024
Asset-based expenses are determined by the amount of assets held within a plan.

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Giulia Giulia Fri Oct 25 2024
These expenses are often represented as percentages or basis points of the total plan assets.

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IncheonBlues IncheonBlues Fri Oct 25 2024
Along with other fees, custodial fees are also usually included in this category.

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Michele Michele Thu Oct 24 2024
The typical range for asset-based expenses is between 2-3% of the total plan assets.

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Emanuele Emanuele Thu Oct 24 2024
However, these expenses can vary widely, ranging from as low as 0.08% to as high as 4% of the total plan assets.

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