Bitcoin ETF Issuers Fidelity and Galaxy Compete to Slash Fees for Pending SEC Approvals

Fidelity and Galaxy Digital Positioned for Early Bitcoin ETF Success

As the Securities and Exchange Commission (SEC) appears close to approving the first Bitcoin exchange-traded funds (ETFs), major issuers like Fidelity and Galaxy Digital have positioned themselves to gain early traction. These companies have named Wall Street partners to help operate their funds while setting competitive expense ratios of 0.39% and 0.59% respectively. This strategic move indicates their confidence in the potential success of Bitcoin ETFs.