TechFlow News — Franklin Templeton has lowered the fees on its Bitcoin ETF, making it the lowest-cost spot Bitcoin ETF among newly launched investment products listed on U.S. exchanges.
According to filings submitted to the SEC, the firm has reduced its fee from 0.29% to 0.19%, and plans to waive fees entirely until August 2, 2024, or until managed assets reach $10 billion, whichever comes first.
On Thursday, Bitcoin ETFs saw $4.6 billion in trading volume, with Franklin Templeton accounting for approximately $65 million of that volume.
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