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Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022 :BlackRock and Ark Investments said on Wednesday they were lowering the fees on their proposed spot bitcoin exchange traded funds. BlackRock would charge 0.25 per cent, compared with the 0.30 per cent fee set earlier. Ark Investments and 21Shares lowered their fee to 0.21 per cent from 0.25 per cent earlier. The aspiring ETF managers have kicked off a fee war even before an approval from the U.S. Securities and Exchange Commission for such investment vehicles, emphasizing the urgency with which they are looking to grab a share of the expected capital inflow.
Read more: channelnewsasia
