BLOCKFI changes rates on BTC and ETH

According to Blockfi, "These adjustments are part of BlockFi’s ongoing mission to continue delivering high-quality, long-term service for our clients while expanding our innovative product offering in a competitive and scalable way."

Rates can change due to market conditions, and while that doesn’t happen often at BlockFi, these shifts can go in either direction.

The last time we adjusted the rate for BTC was in April 2020, when Tier 1 rose from 4.9% APY to 6% APY back when bitcoin was worth approximately $7,000.

Tier 1 rates remain unchanged at 6% APY for BTC and 5.25% APY for ETH; introducing changes to BTC Tier 2 rate and adding new tier for both BTC and ETH.

Source: https://blockfi.com/our-btc-and-eth-rates-are-changing-and-heres-why