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Global X cuts fees on Bitcoin and Ethereum ETPs to zero as it launches in Europe
2024-06-04 04:25
Odaily News US ETF provider Global X ETFs said its Global X Bitcoin and Ethereum ETPs will not charge fees until January 3, 2025, after which the fee will be 0.29%. The two products were originally listed on the Xetra exchange in Frankfurt and the Swiss Stock Exchange in Zurich in March 2022, with a total fee of 0.65%. Global X's website shows that as of May 24, its Bitcoin investment product managed assets of approximately US$4.3 million, while the Ethereum product managed assets of approximately US$5.7 million. (Financial Times)