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Invesco has reduced the fee rate of its physical Bitcoin ETF from 0.39% to 0.25%

Invesco has reduced the fee rate of its physical Bitcoin ETF from 0.39% to 0.25%

Bitget2024/01/30 00:58
BTC-0.16%

On January 30, Invesco and Galaxy Asset Management have reduced the fees of their spot Bitcoin ETF from 0.39% to 0.25%. This move aligns the trading fees of Invesco Galaxy Bitcoin ETF (BTCO) with most other issuers. Only Ark, 21Shares, Bitwise and Franklin Templeton have lower fees than their peers. Additionally, Invesco stated that it will continue to waive fees for the first six months until its assets reach $5 billion.

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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