7 out of 10 Bitcoin spot ETFs charge zero fees, says Bloomberg analyst

IconCryptoNewsTerminal Staff17 Jul, 2024

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7 out of 10 Bitcoin spot ETFs charge zero fees, says Bloomberg analyst

According to Bloomberg ETF analyst James Seyffart, via X, “Seven of the 10 Ether (ETH) spot exchange-traded funds (ETFs) registered with the U.S. Securities and Exchange Commission (SEC) have no fee.” This is a significant development in the cryptocurrency ETF market, as it means that investors can now gain exposure to ETH without having to pay any fees. This could make ETH ETFs more appealing to investors who are looking for a low-cost way to invest in cryptocurrency. It is important to note that the fees associated with ETH ETFs can vary depending on the provider. However, the fact that seven of the 10 ETH spot ETFs registered with the SEC have no fee is a positive sign for the future of the cryptocurrency ETF market.

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