Global X has temporarily reduced the fees for its Bitcoin and Ethereum ETPs launched in Europe to zero

ChainCatcher news, according to the Financial Times, U.S. exchange-traded fund provider Global X stated that its Global X Bitcoin and Ethereum ETP will not charge any fees until January 3, 2025, after which the fee will become 0.29%.

These two products were initially listed in March 2022 on the Xetra exchange in Frankfurt and the Swiss Exchange in Zurich, with a total expense ratio of 0.65%.