Fidelity and Galaxy Unveil Proposed Bitcoin ETFs: Fee Analysis

Fidelity and Galaxy Set Proposed Bitcoin ETF Fees

The issuers of two proposed Bitcoin exchange-traded funds (ETFs) have reportedly set the fees they will charge if their ETFs are approved. According to a report from Fortune, Fidelity Investments will charge 0.39% per year to holders of its Wise Origin Bitcoin Trust, and Galaxy/Invesco will charge 0.59% per year for its BTCO fund. In Galaxy/Invesco’s case, the fee will be waived for the first six months of the fund’s operation. The report cited a Dec. 29 court filing as the source of the information.