CoinShares permanently reduces management fees for its Bitcoin ETPs to 0.15%.

PANews reported on February 23 that, according to Globenewswire, CoinShares has permanently reduced the management fee for its flagship Bitcoin exchange trading product, CoinShares Bitcoin ETP (ticker symbol: BITC), to 0.15%, effective immediately. This product is currently the largest physically backed Bitcoin ETP in Europe in terms of assets under management. The fee adjustment aims to provide more competitive investment costs for institutional and retail investors. BITC is currently listed on Xetra, SIX Swiss Exchange, Euronext Paris, Euronext Amsterdam, LSE, and Borsa Italiana.

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Author: PA一线

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