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Analyst: The management fees of Hong Kong Bitcoin/Ethereum Spot ETF are 0.3%, 0.6% and 0.99% respectively

Analyst: The management fees of Hong Kong Bitcoin/Ethereum Spot ETF are 0.3%, 0.6% and 0.99% respectively

Bitget2024/04/24 12:17
BTC-2.01%ETH-2.75%

PANews reported on April 24 that Bloomberg analyst Eric Balchunas published an article stating that the Hong Kong Bitcoin/Ethereum Spot ETF will officially begin trading on April 30. Fees were 30 basis points, 60 basis points, and 99 basis points, respectively, which were lower on average than we expected, which bodes well.
ETF analyst James Seyffart said a potential fee war could break out in Hong Kong over these Bitcoin and Ethereum ETFs. Harvest is launching soon, waiving fees across the board, with a minimum fee of 0.3% after the waiver.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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