CoinShares' Bitcoin ETP management fee permanently reduced to 0.15%

BTC-4.82%

PANews February 23 News, according to Globenewswire, CoinShares announced that the management fee for its flagship Bitcoin exchange-traded product CoinShares Bitcoin ETP (ticker: BITC) has been permanently reduced to 0.15% and is effective immediately. This product is currently the largest physically backed Bitcoin ETP by assets under management in Europe. It is reported that the fee adjustment aims to provide more competitive investment costs for institutional and retail investors. BITC is now listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana.

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