BlackRock, Ark cut fees on bitcoin ETFs again
Fund companies try to position their products to attract first-day inflows that could hit $4B once the SEC approves the funds.
Competition among prospective bitcoin exchange-traded fund issuers intensified as companies slashed fees further in a bid to make products more attractive to investors ahead of a regulator’s decision on their future.
BlackRock Inc. lowered the fee on its proposed iShares ETF by five basis point
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