The U.S. Securities and Exchange Commission (SEC) has yet to approve Bitcoin Spot Exchange-Traded Funds (ETFs). However, it is already clear that providers will competitively price their products. The expected fees have been disclosed by the companies intending to offer these ETFs, even before the SEC’s decision.

According to an overview compiled by Reuters, the average market rate for U.S. ETFs is significantly undercut. The fees are also lower than analysts previously expected and are sometimes even below the range previously mentioned by the issuers themselves.

Bitwise Asset Management plans to charge fees of 0.24 percent. BlackRock (0.3 percent), VanEck and Ark Investments/21Shares (each 0.25 percent), and Franklin Templeton (0.29 percent) are also at the lower end. In the middle range are Fidelity (0.39 percent), Wisdom Tree (0.5 percent), Invesco/Galaxy Digital (0.59 percent), and Valkyrie Digital Assets (0.8 percent). Hashdex and Grayscale top the list with 0.94 and 1.5 percent respectively.

A Spot Crypto ETF tracks the market price of the underlying crypto asset and allows investors to engage in the token without having to buy the currency. The expectation of approval for such products by the SEC has significantly increased the value of Bitcoin, the world’s largest and most well-known digital asset, in recent months. The SEC’s decision is expected on Wednesday.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	North America
Countries
Sentiment	neutral
Relevance Score	1
People	None
Companies	Grayscale, Wisdom Tree, Reuters, BlackRock, Ark Investments/21Shares, Invesco/Galaxy Digital, Hashdex, VanEck, Valkyrie Digital Assets, Franklin Templeton, SEC, Fidelity, Bitwise Asset Management
Currencies	Bitcoin
Securities	None