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.
An expense ratio is determined through an annual calculation in which a fund's operating expenses are divided by the average dollar value of its assets under management. Operating expenses are taken out of a fund's assets and lower the return to a fund's investors. Also known as management expense ratio (MER).