What are sub-advisory fees?
I'm curious, could you explain what sub-advisory fees are? Are they similar to the fees charged by traditional financial advisors, or are they unique to the world of cryptocurrency and finance? How do they factor into the overall cost of investing in digital assets, and are there any potential benefits or drawbacks to consider when dealing with these types of fees? Additionally, is there a standard percentage or range for sub-advisory fees, or do they vary widely depending on the specific investment strategy or service provider?