BlackRock, Fidelity, and other firms have revealed the fees for their spot bitcoin exchange-traded fund (ETF) applications in the U.S.
BlackRock's fee will start at 20 basis points and settle at 30 bps once the fund reaches $5 billion.
Other applicants, like Fidelity, ARK, VanEck, announced fees ranging from 0.25% to 0.39%.