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Invesco and Galaxy reduce spot Bitcoin ETF fees (BTCO) to 0.25% from 0.39%, waiving fees completely for first 6 months or till $5B assets.
In an effort to attract more investors, Invesco and Galaxy Asset Management have announced a reduction in the fees of their spot Bitcoin ETF, the Invesco Galaxy Bitcoin ETF (BTCO), to 0.25% from their original 0.39%.
This brings sponsor fees for BTCO in line with most other issuers in the market.
The companies plan to waive fees entirely for the first six months or until the fund reaches $5 billion in assets.
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Invesco y Galaxy reducen las tarifas al contado de los ETF de Bitcoin (BTCO) del 0,39% al 0,25%, eliminando las tarifas por completo durante los primeros 6 meses o hasta activos de 5 mil millones de dólares.