Odaily Planet Daily reports that CoinShares has announced a permanent reduction of the management fee for its flagship Bitcoin exchange-traded product, CoinShares Bitcoin ETP (ticker: BITC), to 0.15%, effective immediately. This product is currently the largest physically-backed Bitcoin ETP by assets under management in Europe.
It is understood that this fee adjustment aims to provide more competitive investment costs for both institutional and retail investors. BITC is now listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana. (Globenewswire)
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CoinShares' Bitcoin ETP management fee permanently reduced to 0.15%
Odaily Planet Daily reports that CoinShares has announced a permanent reduction of the management fee for its flagship Bitcoin exchange-traded product, CoinShares Bitcoin ETP (ticker: BITC), to 0.15%, effective immediately. This product is currently the largest physically-backed Bitcoin ETP by assets under management in Europe.
It is understood that this fee adjustment aims to provide more competitive investment costs for both institutional and retail investors. BITC is now listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana. (Globenewswire)