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International Business Times
International Business Times
Business
Nica Osorio

ARK, Bitwise Battle For Lowest Bitcoin ETF Fee; No Charge For First 6 Months

2% Long-Term Interest Rates? | ITK with Cathie Wood (Credit: YouTube Screenshot/ Ark Invest Official YouTube Chanel)

KEY POINTS

  • Bitwise's spot Bitcoin ETF offers the lowest fee -- zero for the first 6 months or until the fund hits $1 billion in assets, and then 0.24%
  • ARK/21Shares' spot Bitcoin ETF offers zero fees for the first 6 months or until the fund hits $1 billion in assets, and then 0.25%
  • BlackRock offers a 0.2% fee for the first 12 months or until the fund reaches $5bn in assets and then 0.3%

The fee war of spot Bitcoin exchange-traded fund (ETF) has already started. So far, two proposals have revealed they offer the two lowest fees among issuers, with zero-fee in the first six months.

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