Issuers of potential spot Bitcoin ETFs that are awaiting SEC approval have filed amendments to their S-1 forms, which include new competitive fee rates — some as low as 0.24%.
The anticipation for the decision from the United States Securities and Exchange Commission on spot Bitcoin (BTC) exchange-traded funds (ETFs) continues as multiple applicants filed their final S-1 form amendments on Jan. 8.
Valkyrie was the first company to file its final S-1 amendment, followed by WisdomTree, BlackRock, VanEck, Invesco and Galaxy, Grayscale, and ARK Invest and 21Shares.
Among the amendments, many of the applicants have also included lower fees, raising the bar of competitiveness between the various ETF offerings.
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Source: https://cointelegraph.com/news/spot-bitcoin-etf-fee-war-begins-issuers-amend-s-1-filings-with-lower-sponsor-fees