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Fortune
Fortune
Leo Schwartz

Fidelity sets Bitcoin ETF fee at 0.39% ahead of expected SEC approvals

(Credit: Jeenah Moon—Bloomberg/Getty Images)

As the Securities and Exchange Commission appears on the precipice of approving the first wave of Bitcoin ETFs, issuers are jockeying for an early advantage to attract investors.

In late December, two of the major issuers—Fidelity and Galaxy/Invesco—released details on their fees, while a slew of issuers named authorized participants, setting the stage for a battle to gain crucial early-mover status.

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