Companies and funds are racing to attract Bitcoin investors, as 11 investment companies have revealed their fees for the Bitcoin exchange-traded funds (ETFs) they will list.
The Bitcoin trading fund, Bitwise, has set a trading fee at 0.24% of the transaction value, while the VanEck Bitcoin trading fund has set a trading fee at 0.25% of the transaction value.
On its part, ARK Trading Fund has determined a trading commission of 0.25% of the transaction value for Bitcoin trades.
BlackRock’s Bitcoin trading fund has set a trading fee at 0.30% of the transaction value, while Grayscale’s Bitcoin trading fund has set a trading fee at 1.5% of the transaction value.
Standard Chartered expects the attraction of Bitcoin trading funds to reach 100 billion dollars this year alone.
