Valkyrie has reduced the Bitcoin spot ETF fee rate from 0.8% to 0.49%
ChainCatcher news, the S-1/A filing submitted by Valkyrie shows that it has reduced the Bitcoin spot ETF fee rate from 0.8% to 0.49%.
Valkyrie co-founder Steven McClurg previously stated in an interview that the choice of a 0.8% fee rate was due to the complexity involved in Bitcoin storage, security, and trading.
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