Fidelity cuts fees on its Canadian Bitcoin ETF to 32 bps to compete with BlackRock

Odaily News Bloomberg ETF analyst Eric Balchunas wrote on X Platform that Fidelity cut the fees of its Canadian Bitcoin ETF to 32 basis points to match BlackRock, which just launched a similar product in Canada at 32 basis points. Currently, both fees are the lowest in the market. US issuers are bringing some competitive actions to Canada.