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Fidelity has found a basement for spot bitcoin ETF fees, pricing its proposed fund at less than half most other would-be registrants. The firm's Wise Origin Bitcoin Fund will charge 0.39%, compared to 0.80% proposed by Ark and 21Shares as well as Valkyrie.
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"The Securities and Exchange Commission could notify applicants this week whether they have received approval to launch, and the first rollouts could occur by January 10th."
https://www.ft.com/content/a46d51e6-3878-4ab4-a2ec-969aa2492bf2
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