Global X cuts fees on Bitcoin and Ethereum ETPs to zero as it launches in Europe

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)