BlackRock has set a fee of 0.30% for its planned spot bitcoin exchange-traded fund, but later reduced it to 0.25%. This move comes as part of a fierce race among Bitcoin ETF issuers to lower fees, with Grayscale setting its fee at 1.5%, significantly higher than BlackRock's. Other issuers like ARK, Bitwise, and Cathie Wood's ARK 21 Shares have also lowered their fees in the competitive market.
NEWS: BlackRock and Ark cut planned bitcoin ETF fees ahead of possible approval https://t.co/r1sxGvBCKv
NEW: BlackRock slashed its spot #Bitcoin ETF fee to 0.25% ARK follows at 0.21% Bitwise with the lowest at 0.20%. It's a cutthroat market showdown! https://t.co/DpfSwgOtpx
BREAKING: @BlackRock CUTS POTENTIAL SPOT $BTC ETF FEE FROM 0.3% TO 0.25% (0.12% FOR FIRST 12MO/$5B) https://t.co/EyGVUI4LHy
According to Reuters, BlackRock plans to reduce the fee of its spot Bitcoin ETF from 0.30% to 0.25%, and the hack is not expected to disrupt the Bitcoin spot ETF process. Ark Investments and 21Shares lowered fees on their spot Bitcoin ETFs from 0.25% to 0.21%.…
JUST IN: BlackRock cuts its spot #Bitcoin ETF fee to 0.25%.
BlackRock, Ark lower fee for planned spot bitcoin ETFs https://t.co/15dLo0RezZ https://t.co/vcziViXJPg
LOWER: BlackRock has just cut the fee on its spot Bitcoin ETF to 0.25% (and 0.12% for the first $5b). They really going for the jugular here, looking to crush the others bf they even born, just brutal. ARK has also cut to 0.21%. Bitwise curr low at 0.20%. Terrordome life. https://t.co/PtSrvAinbW
⚠️ BLACKROCK LOWERS FEE FOR PLANNED SPOT BITCOIN ETF (Reuters) BlackRock and Ark Investments said on Wednesday they were lowering the fees on their proposed spot bitcoin exchange traded funds. BlackRock would charge 0.25%, compared with the 0.30% fee set earlier. Ark… https://t.co/DVOjZfYKYK
ARK Invest and 21Shares have filed an amended Form S-1 for a spot Bitcoin ETF. Grayscale has also filed an amended S-3/A. https://t.co/oHCYhKM2Le & https://t.co/zAM2pjjNBC https://t.co/YJSs51KA61
BREAKING: Bitcoin ETF issuers are cutting management fees to below cost to onboard the masses to #Bitcoin A fierce race to the bottom on fees is shaping up: @BitwiseInvest: 0.24%; 0% for 6 months @CathieDWood’s ARK 21 Shares: 0.25%; 0% for 6 months BlackRock: 0.2% for first $5B
JUST IN: Grayscale sets their spot #Bitcoin ETF fee at 1.5% 👀 This is 5X the size of BlackRock’s .3% fee 😮
BREAKING: @Grayscale SPOT $BTC ETF FEE (IF APPROVED) TO BE 1.5% - VS. @BlackRock (0.3%, 0.2% FOR 12MO/$5B), @InvescoUS/@galaxyhq (0.59%, 0% 6MO/$5B), @WisdomTreeFunds (0.5%), @vaneck_us (0.25%), @ValkyrieFunds (0.8%), @Fidelity (0.39%), @ARKInvest/@21Shares (0.25%, 0% 6MO/$1B) https://t.co/kDrwqcADO3
🔸 GRAYSCALE INVESTMENTS FILES AMENDED S-3 FOR SPOT BITCOIN EXCHANGE TRADED FUND 🔸 GRAYSCALE SETS FEE FOR PROPOSED SPOT BITCOIN ETF AT 1.5%
🔴 GRAYSCALE INVESTMENTS FILES AMENDED S-3 FOR SPOT BITCOIN EXCHANGE TRADED FUND, SETS FEE FOR THE PROPOSED SPOT BITCOIN ETF AT 1.5%.
JUST IN: The fierce race among #Bitcoin ETF issuers to lower fees is intensifying and cutthroat: Fidelity: 0.39% fee BlackRock: 0.3% fee ARK: 0.25% fee https://t.co/sMM7VkEH6b
BlackRock sets lower fee for spot bitcoin ETF compared to peers https://t.co/FruPO6y4Sw https://t.co/ym0LIB9YS5
BREAKING: BlackRock and ARK have slashed their #Bitcoin ETF fees ARK - down from 0.80% to 0.25% BlackRock - 0.20% for the first 12 months, or first $5 billion AUM. The fight for customers has started...
💰 BLACKROCK SETS 0.30% FEE FOR PROPOSED SPOT BITCOIN ETF (Reuters) BlackRock has set a fee of 0.30% for its planned spot bitcoin exchange-traded fund, the asset manager disclosed on Monday. https://t.co/HDJFt7hgt3