Fidelity has designated Jane Street as the authorized trader for its Bitcoin spot ETF, with the lowest current transaction fees

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that Fidelity has submitted the latest revised S-1 filing for its Bitcoin spot ETF, designating Jane Street Capital as the authorized participant for its Bitcoin spot ETF.

Notably, the document shows that the sponsor fee for the Fidelity Bitcoin spot ETF is only 0.39%, which is the lowest to date (excluding the 0.0% fee strategy of Invesco/Galaxy for the first 6 months).