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Bloomberg ETF Analyst: Hong Kong Bitcoin/Ethereum Spot ETF Management Fees Are 0.3%, 0.6% and 0.99% Respectively

CointimeCointime2024/04/24 12:25
By:Cointime

Bloomberg analyst Eric Balchunas wrote that the Hong Kong Bitcoin/Ethereum spot ETF will officially begin trading on April 30th. The fees are 30 basis points, 60 basis points, and 99 basis points, respectively, which are lower than our expectations on average, indicating a positive sign. James Seyffart said that there may be a potential fee war erupting in Hong Kong due to these Bitcoin and Ethereum ETFs. Harvest is about to launch, offering a complete fee waiver, with the lowest fee after the waiver being 0.3%.

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