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

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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.

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