BTCS Inc., formerly Bitcoin Shop, Inc., is a blockchain technology focused company. The Company operates a beta e-commerce marketplace which accepts digital currencies.
Gross Expense Ratio vs. Net Expense Ratio. Donât confuse the gross expense ratio with the net expense ratio. The net expense ratio equals the gross expense ratio of a mutual fund excluding any fee waivers or reimbursements made to investors. The gross expense ratio considers all of the expenses of a fund, including administrative and accounting costs associated with investments made by the fund.
DEFINITION of 'Gross Expense Ratio-GER'. The total percentage of a mutual fund's assets that are devoted to running the fund. The gross expense ratio (GER) is exclusive of any waiver of fees or expense reimbursements. Likewise, it does not include outside expenses, like brokerage costs for trading the portfolio. These and other costs are reported in a Statement of Additional Information (SAI) that is sent to the SEC.