News Explorer — Franklin Templeton Slashes Bitcoin ETF Fee to 0.19%

Generated by AI, curated by humans

Jan 12, 11:56 am

Coindesk

Franklin Templeton Slashes Bitcoin ETF Fee to 0.19%

Franklin Templeton has reduced the fee for its Bitcoin ETF, making it the cheapest among the new investment products on U.S. exchanges. The fee has been lowered from 0.29% to 0.19%, with the fund manager also waiving off fees until the fund reaches $10 billion in assets under management. On Thursday, Bitcoin ETFs saw a total trading volume of $4.6 billion, with Franklin Templeton accounting for around $65 million.

Franklin Templeton has reduced the fee for its Bitcoin ETF, making it the cheapest among the new investment products on U.S. exchanges. The fee has been lowered from 0.29% to 0.19%, with the fund manager also waiving off fees until the fund reaches $10 billion in assets under management. On Thursday, Bitcoin ETFs saw a total trading volume of $4.6 billion, with Franklin Templeton accounting for around $65 million.

Latest

Nov 22, 3:19 am

Decrypt

Solana Hits New All-time High Above $260 as Tailwinds Blow Crypto Market Higher

Solana (SOL) broke its all-time high price record, surpassing $260 on Thursday, following news of SEC Chairman Gary Gens... Read Summary

Nov 22, 2:52 am

Decrypt

MicroStrategy's Stock Drops 16% as Concern Mounts Over Its 'Detached' Valuation

MicroStrategy's stock plummeted 16% to $397.28 after Citron Research disclosed a short position against the company whil... Read Summary

Nov 21, 10:53 pm

Decrypt

Charles Schwab Intends to Enter Spot Crypto Market Pending Regulatory Clarity: Report

Charles Schwab plans to expand into the spot crypto market once U.S. regulations become clearer, according to incoming C... Read Summary

Nov 21, 8:10 pm

Decrypt

Federal Judge Strikes Down SEC Crypto Rule Minutes After Gary Gensler Resigns

A federal judge in Texas ruled the SEC's expansion of securities law to include DeFi as unlawful. The Blockchain Associa... Read Summary

Nov 21, 4:07 pm

Decrypt

Sui Network Back Online After Downtime as Token Price Sags

Sui, a blockchain by Mysten Labs, faced a major outage due to a bug in transaction scheduling logic, causing validators... Read Summary

Nov 21, 3:42 pm

Decrypt

Not a Very Chill Guy: Artist Threatens Legal Action After Unauthorized Meme Coin Skyrockets

The artist behind the "Just a Chill Guy" meme, Phillip Banks, has threatened legal action against meme coins using his a... Read Summary

Nov 21, 12:31 pm

Decrypt

Former Head of China's CBDC Project Expelled From Party Over Bribes: Report

Yao Qian, former head of China's CBDC research project, has been expelled from the Chinese Communist Party and removed f... Read Summary

Nov 21, 12:23 pm

Decrypt

ANON Token Skyrockets After Ethereum Creator Vitalik Buterin Buys In

Anoncast's token surged 350% after Ethereum co-founder Vitalik Buterin swapped 0.082 ETH for 30,303 ANON tokens. The project allows users with 20,000 ANON tokens to make anonymous posts on Farcaster. Read Summary

Nov 21, 9:16 am

Coindesk

BitGo Launches in Singapore After Securing License

BitGo has officially launched its services in Singapore after receiving a Major Payment Institution License from the Mon... Read Summary

Nov 21, 5:51 am

Decrypt

Sotheby's Auctions Banana Artwork 'Comedian' for $6.24 Million to None Other Than Justin Sun

Maurizio Cattelan's duct-taped banana art piece, Comedian, sold for $6.24 million at Sotheby's auction, surpassing its $... Read Summary

Nov 21, 5:29 am

Decrypt

Floki's Upcoming Listing on Coinbase Pushing Up Trading Volume, Spurs Trading Fervor

Floki, the dog-themed coin, is set to be listed on Coinbase, causing a surge in trading volume and a 15% price jump. The... Read Summary

Nov 21, 5:03 am

Decrypt

Bitcoin's Price Surges Beyond $97,000 as Traders Eye Six-Figure Price

Bitcoin has surged past $97,000, triggering $100 million in liquidations, mostly from short sellers. The market remains rational and deliberate, with futures showing no signs of overheating. Read Summary

Nov 21, 2:14 am

Decrypt

Just a Chill Guy Token Surges as Dogecoin, Other Meme Coins Wobble

Dogecoin's momentum has slowed down after reaching a three-year high, with a 0.5% drop in 24 hours and a 2.5% decrease s... Read Summary

Nov 21, 12:48 am

Decrypt

Bitcoin Price Cements New Record High at $95,000 on Coinbase

Bitcoin reached a new all-time high of $95,000, with $78 billion in trading volume within 24 hours. The surge followed t... Read Summary

Nov 20, 10:01 pm

Decrypt

Nvidia Posts Record-breaking Earnings From AI Chip Demand, Stock Dips Anyway

Nvidia Corp reported record-breaking third-quarter revenue and earnings, surpassing analysts' estimates due to high dema... Read Summary