TechFlow news, according to CoinDesk, out of the 13 companies applying for spot Bitcoin ETFs, only six have disclosed their fee levels.
Fidelity set its fee at 0.39%, the lowest so far, while Ark and 21Shares as well as Valkyrie plan to charge 0.80%. Invesco and Galaxy will fully waive fees for the first six months and for assets up to $5 billion, after which they will charge 0.59%.
Bloomberg ETF analyst James Seyffart said fees are crucial, noting that issuers don't need to offer the absolute lowest fee, but cannot charge too much either.
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