Odaily News Coinbase said that the spot Bitcoin ETF opened the door for new entrants to put money into the cryptocurrency, and although the fees of traditional financial competitors are extremely low, the exchange has no plans to reduce fees. Coinbase does not disclose its base retail fees, but its retail fee ratio (measured as exchange trading revenue divided by retail trading volume) in the third quarter was approximately 2.5%. The exchange also offers advanced trading options where users can pay 0.6% on trades up to $10,000. A Coinbase spokesperson said: Coinbase currently has no plans to reduce transaction fees due to the introduction of ETFs. Our primary way of monetizing is through custody fees.