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

2024-06-04 12:21:50
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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%.

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