According to several industry experts, we are likely days away from an impending Spot Bitcoin ETF approval in the United States. Moreover, with more than a dozen applications currently pending with the US Securities and Exchange Commission (SEC), competition is already in full bore. With that being said, let’s break down what the Spot Bitcoin ETF fees are by each prospective issuer.
The investment products will likely see asset management firms like Fidelity, BlackRock, and Grayscale receive approval simultaneously. Subsequently, pricing has proven to be a key differentiating factor between the different applicants. Let’s explore what those are, and note who has an edge thus far.
Also Read: BlackRock Lines up $2 Billion Capital for Bitcoin ETF, Sources Say
Bitcoin ETF Fees
For the last several months, excitement regarding a Spot Bitcoin ETF has dominated the American digital asset market. Now, just more than a week into the new year, that is set to come to fruition. As the SEC is poised to approve a host of applications, details are beginning to surface.
Among them, are the Spot Bitcoin ETF fees that will be implemented by each issuer. This information has been shown in different SEC filings and shows a clear jockeying for position among issuers.
Let’s explore those fees here:
| Company | ETF Name | Fees | What to Know |
| BlackRock | iShares Bitcoin Trust | 0.30% | Fees become 0.20% for first $5 billion in assets for 12 months |
| Grayscale | Grayscale Bitcoin Trust | 1.5% | |
| Fidelity | Wise Origin Bitcoin Trust | 0.39% | |
| Ark Invest/ 21Shares | ARK 21Shares Bitcoin ETF | 0.25% | Fees will be waived for six months, or first $1 billion in assets |
| VanEck | VanEck Bitcoin Trust | 0.25% | |
| WisdomTree | WisdomTree Bitcoin Trust | 0.50% | |
| Valkyrie Digital Assets | Valkyrie Bitcoin Fund | 0.80% | Fees become 0.20% for the first $5 billion in assets for 12 months |
| Invesco/ Galaxy Digital | Invesco Galaxy Bitcoin ETF | 0.59% | May temporarily waive all or some fees “at its discretion for stated periods” |
| Franklin Templeton | Franklin Templeton Digital Holdings Trust | 0.29% | |
| Bitwise Asset Management | Bitwise Bitcoin ETF | 0.24% | |
| Hashdex | Hashdex Bitcoin Futures ETF | 0.94% | May temporarily waive all or some fees “at its discretion for a stated period” |
Also Read: Bitcoin ETF Analyst Ups Approval Odds to 95% Amid S-1 Amendments
As we stated previously, these fees- along with the budding advertising war are the first sign of competition between issuers. Subsequently, CNBC reported that more than one issuer will receive approval at the same time. Therefore, many of these firms should continue their competitive practices