Mirae Asset GlobalX Waives Fees on European Crypto ETPs Until January 3

IconCryptoNewsTerminal Staff04 Jun, 2024

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Mirae Asset GlobalX Waives Fees on European Crypto ETPs Until January 3

Mirae Asset GlobalX, the US-based affiliate of Mirae Asset Asset Management, has temporarily waived the fees on its European crypto exchange-traded products (ETPs) until January 3, 2023 (local time), according to the Financial Times (FT). The fee-free products include the following: BTC ETC (ticker: BITE) ETH ETC (ticker: ETHA) The ETPs are listed on Deutsche Boerse's Xetra and the SIX Swiss Exchange. The move comes as part of the company's efforts to boost trading volumes and liquidity in the crypto ETP market, the FT reported. After the free period ends, a fee of 0.29% will be applied to the ETPs.