Bitwise Bitcoin ETF (BITB) 0.20% N/A. VanEck Bitcoin Trust (HODL) 0.20% Fee waived until Jan. 10, 2026 or first $2.5 billion in fund assets, whichever comes first. Ark 21Shares Bitcoin ETF (ARKB) 0.21% N/A. iShares Bitcoin Trust (IBIT) 0.25% Fees reduced to 0.12% until Jan....
Compared to conventional ETFs, the fees of Bitcoin ETFs may be higher. The expenses incurred in maintaining and safeguarding the underlying cryptocurrency holdings are the justifications for these fees. For example, an ETF that tracks Bitcoin may have an annual expense ratio (the annual percentage o...
The Bitcoin holdings for spot BTC ETF fund managers in the US excluding GBTC have surpassed MicroStrategy’s bag, indicating heightened demand.
BlackRock’s Bitcoin ETF is known as the iShares Bitcoin Trust and trades on the Nasdaq under the ticker IBIT. It has a notable expense ratio of 0.25%, which is among the lowest fees for competing products. The iShares Bitcoin Trust is targeting a broad audience, emphasizing the appeal to ...
Bitcoin ETF fees Fees associated with Bitcoin ETFs can depend on a number of factors, such as whether the fund is actively or passively managed. These costs will be reflected in the ETF’s expense ratio. The expense ratio consists of the ETF’s net management fee and gross management fee....
The drawbacks of a bitcoin ETF include: Higher fees:A bitcoin ETF charges a management fee, which can erode your returns compared to owning bitcoin directly. Some brokerages don’t charge to trade a bitcoin ETF, while a cryptocurrency trading platform may charge a commission for each transactio...
Alternative ETFs in the ETF Database Currency Category TypeSymbolExpense RatioAssetsAvg. Daily VolYTD Return CheapestFBTC0.00%$21.0 B6 MN/A Largest (AUM)IBIT0.12%$53.9 B45 MN/A Most Liquid (Volume)IBIT0.12%$53.9 B45 MN/A Top YTD PerformerGBTC1.50%$21.5 B4 M129.38% ...
The allure of a spot Bitcoin ETF lies in its distinctive functionality compared to existing investment instruments. Before their approval, investors could only gain exposure to Bitcoin indirectly through futures ETFs or trusts. However, these alternatives had limitations. ...
In addition to transaction fees and fund transfer fees, traders may have to pay currency conversion fees, depending on the currencies that are accepted by the Bitcoin exchange. If a user transfers Canadian dollars to an exchange that only deals in U.S. dollars, the bank or the exchange will...
The trust's shares have traded at a discount to NAV for extended periods because of this regulatory uncertainty, with the discount reachingnearly 50%at one point. When the SEC approved the conversion of GBTC into a spot ETF, the discount to NAV diminished. On July 31, 2024, the discount ...