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What Early Filings for a Bitcoin ETF Tell Us

Por: MarketWatch Business January 06, 2024

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The largest Bitcoin fund is the $26 billion , which trades like a closed-end fund and charges an annual 2% of assets fee, or $520 million at current prices. Grayscale has said it’s committed to reducing the ETF’s fee upon approval. Most other would-be contenders—nearly a dozen—have remained mum. The ETFs will hold spot Bitcoin. The SEC for years denied spot Bitcoin applications, but an appellate court last year said its rejection of one... + full article



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