According to several industry experts, we are likely days away from an impending Spot Bitcoin ETF approval in the United States. Moreover, with more than a dozen applications currently pending with the US Securities and Exchange Commission (SEC), competition is already in full bore. With that being said, let’s break down what the Spot Bitcoin ETF fees are by each prospective issuer.
The investment products will likely see asset management firms like Fidelity, BlackRock, and Grayscale receive approval simultaneously. Subsequently, pricing has proven to be a key differentiating factor between the different applicants. Let’s explore what those are, and note who has an edge thus far.
Also Read: BlackRock Lines up $2 Billion Capital for Bitcoin ETF, Sources Say
Bitcoin ETF Fees
For the last several months, excitement regarding a Spot Bitcoin ETF has dominated the American digital asset market. Now, just more than a week into the new year, that is set to come to fruition. As the SEC is poised to approve a host of applications, details are beginning to surface.
Among them, are the Spot Bitcoin ETF fees that will be implemented by each issuer. This information has been shown in different SEC filings and shows a clear jockeying for position among issuers.
Let’s explore those fees here:
Also Read: Bitcoin ETF Analyst Ups Approval Odds to 95% Amid S-1 Amendments
As we stated previously, these fees- along with the budding advertising war are the first sign of competition between issuers. Subsequently, CNBC reported that more than one issuer will receive approval at the same time. Therefore, many of these firms should continue their competitive practices