CoinShares Permanently Reduces Management Fee for Bitcoin ETP to 0.15%

Odaily News CoinShares announced that it has permanently reduced the management fee for its flagship Bitcoin exchange-traded product, the CoinShares Bitcoin ETP (Ticker: BITC), to 0.15%, effective immediately. This product is currently the largest physically-backed Bitcoin ETP in Europe by assets under management.

It is reported that this fee adjustment aims to provide more competitive investment costs for both institutional and retail investors. BITC is currently listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana. (Globenewswire)