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TechFlow news, January 16 — Bloomberg ETF analyst Eric Balchunas disclosed that Fidelity has reduced the management fee of its Canadian Bitcoin ETF to 0.32%, matching the rate of BlackRock's newly launched equivalent product. This fee adjustment makes both institutions' products the lowest-cost Bitcoin ETFs in the Canadian market. Major U.S. asset managers are extending their competition into Canada.
Bloomberg ETF analyst Eric Balchunas disclosed that Fidelity has reduced the management fee of its Canadian Bitcoin ETF to 0.32%, matching the rate of BlackRock's newly launched similar product. This fee adjustment makes both institutions' products the lowest-cost Bitcoin ETFs in the Canadian market. Major U.S. asset managers are extending their competition into Canada.
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