The Bitcoin ETF applicant is modifying the final application document to reduce costs
Bitcoin Magazine reports that Bitcoin ETF applicants are submitting final application file modifications to lower fees. BlackRock has lowered its fee to 0.30%, while ARK has lowered it to 0.25%. Bloomberg ETF analyst Eric Balchunas predicts that a fee war will erupt once they are launched.
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The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.32 million BTC.