Blackrock drops ETF fee to just 0.12% for first $5B in assets, 0.25% ongoing

Blackrock has dropped its ongoing fee for its proposed spot Bitcoin ETF to just 0.25% with a promotional offer of 0.12% for the first $5 billion in assets, or twelve months, in an updated S1 filing submitted early Jan. 10. “The Sponsor’s Fee is accrued daily at an annualized rate equal to 0.25% of the […] source: https://cryptoslate.com/blackrock-drops-etf-fee-to-just-0-12-for-first-5b-in-assets-0-2-ongoing/