US ETF provider Global X ETFs has stated that their Global X Bitcoin and Ethereum ETPs will not be charged until January 3, 2025, and the rate will be changed to 0.29% thereafter.
These two products were initially listed on the Xetra Exchange in Frankfurt and the Swiss Stock Exchange in Zurich in March 2022, with a total fee rate of 0.65%.
According to the Global X website, as of May 24th, its Bitcoin investment product management assets were approximately $4.3 million, while Ethereum product management assets were approximately $5.7 million. (Financial Times) @eukenefuhrer @dm