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International Business Times
International Business Times
Business
Nica Osorio

Spot Bitcoin ETF Fee War Escalates Prior To SEC's Approval Announcement

Bitcoin standing on edge amongst other scattered bitcoins. (Credit: QuoteInspector.com/flickr)

The competition among hopeful Bitcoin exchange-traded fund (ETF) issuers is intensifying as BlackRock, ARK 21, WisdomTree and Valkyrie have revealed their fees in recently submitted S-1 forms.

The U.S. Securities and Exchange Commission (SEC) is scheduled to announce its decision on ARK Invest's and 21 Shares' spot Bitcoin ETF applications Wednesday. Many industry watchers and experts believe that the regulator will approve multiple issuers simultaneously.

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