CoinShares Permanently Reduces Bitcoin ETP Management Fee to 0.15%

CoinShares has announced a permanent reduction in the management fee for its flagship Bitcoin Exchange Traded Product (ETP), CoinShares Bitcoin ETP (BITC), to 0.15%. The change is effective immediately.

BITC is currently the largest physically-backed Bitcoin ETP by assets under management in Europe. This fee adjustment aims to provide institutional and retail investors with more competitive investment costs. The ETP is listed on major European exchanges including Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, the London Stock Exchange (LSE), and Borsa Italiana.

#crypto #blockchain #news #BTC #Bitcoin