Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»BlackRock Potentially Cuts Spot Bitcoin ETF Fees to 0.25%
ADOPTION NEWS

BlackRock Potentially Cuts Spot Bitcoin ETF Fees to 0.25%

By Crypto FlexsJanuary 10, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
BlackRock Potentially Cuts Spot Bitcoin ETF Fees to 0.25%
Share
Facebook Twitter LinkedIn Pinterest Email

BlackRock cut sponsor fees on its potential spot Bitcoin ETF from 0.3% to 0.25% as competition intensifies.

The investment giant reduced its temporary discount on the first $5 billion of assets from 0.2% to 0.12% for the first 12 months after launch, according to a Form S-1 filed today.

“Low: BlackRock cut its fees on the spot. Bitcoin BTC

-2.41%
The ETF yields 0.25% (0.12% on the first $5 billion). They are really going for the jugular, trying to crush others before they are even born, and are just cruel. ARK was also reduced to 0.21%. Bitwise (currently) it is as low as 0.20%. “Terror Dome Life,” said Bloomberg ETF analyst Eric Balchunas on X.

Ark Invest/21Shares also reduced its fees from 0.25% to 0.21% and is keeping fees at zero for the first six months or up to $1 billion in assets, according to its latest S-1 form.

Bitwise plans to offer the lowest commission (0.2%) among competing products. There are no fees for the first six months or until the first $1 billion in assets.

On Tuesday, Fidelity cut its fees from 0.39% to 0.25%. We also have plans to: Fees are waived for market participants until July 31st.

Several other competing issuers also cut fees yesterday. Valkyrie increased from 0.80% to 0.49%, Invesco Galaxy increased from 0.59% to 0.39%, and WisdomTree increased from 0.50% to 0.30%. Several providers are also offering commission-free services for a limited time.

Why are the fees so low?

U.S. competitors seeking to push the first line of spot Bitcoin ETFs have been racing to attract the market by lowering fees as potential approval from the Securities and Exchange Commission approaches. The idea is that offering low fees to attract market share early on can pay dividends later.

VanEck estimates that spot Bitcoin ETFs will see inflows of $1 billion in the first few days and $2.4 billion within the quarter. Galaxy expects an inflow of $14 billion in the first year. Bitwise looking further ahead expect The market size within five years will be approximately $72 billion.

This comes after the SEC’s X account was hacked and posted a fake spot Bitcoin ETF approval message. The SEC plans to cooperate with law enforcement agencies to investigate any violations. Nevertheless, industry experts still looking forward to Approval should be completed today and the product should begin trading tomorrow.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

How MasterQuant’s AI Trading Bot Is Becoming Every Investor’s Favorite Trade Machine

October 16, 2025

Seascape Launches First Tokenized BNB Treasury Strategy On Binance Smart Chain

October 16, 2025

ETH And BTC Holders Are Flocking To OAK Mining For Stable Profits Of $8,600 Daily

October 16, 2025

Will Solana price fall to $170 once it gets close to the important support level?

October 16, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025

ZBCN is tradable!

October 15, 2025

Analysts expect a breakout of $135 as ETF approval buzz grows.

October 15, 2025

Chinese woman pleads guilty ahead of trial in $7 billion British Bitcoin fraud case

October 15, 2025

XMoney Launches $XMN On Sui, Expands Listings Across Global Exchanges

October 15, 2025

ZNB) STRENGTHENS BALANCE SHEET WITH USD 231 MILLION BITCOIN-BACKED INVESTMENT AMID MARKET TURBULENCE

October 15, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

How MasterQuant’s AI Trading Bot Is Becoming Every Investor’s Favorite Trade Machine

October 16, 2025

Seascape Launches First Tokenized BNB Treasury Strategy On Binance Smart Chain

October 16, 2025
Most Popular

Bitcoin -Analyst just before Bull Market’s largest ‘price shortcomings’

April 7, 2025

Analysis results show that Bitcoin whales are buying BTC again.

May 25, 2024

Reserve Bank of India expands cross-border payments platform

November 25, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.