Fidelity Reduces Fees For Canadian Bitcoin ETF To Match BlackRock
Fidelity Reduces Fees For Canadian Bitcoin ETF To Match BlackRock--・Verified Binance official accountFidelity and BlackRock's fee reductions in the Canadian Bitcoin ETF market suggest increased competition and a potential shift in market dynamics.According to Odaily, Bloomberg ETF analyst Eric Balchunas reported on the X platform that Fidelity has reduced the fees for its Canadian Bitcoin ETF to 32 basis points. This move aligns with BlackRock's recent launch of a similar product in Canada at the same fee rate. Currently, both companies offer the lowest fees in the market. This development indicates that U.S. issuers are bringing competitive strategies to the Canadian market.Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.BTCExplore the latest crypto news⚡️ Be a part of the latests discussions in crypto💬 Interact with your favorite creators👍 Enjoy content that interests youEmail / Phone numberRelevant Creator