{"id":228369,"date":"2024-01-12T18:40:14","date_gmt":"2024-01-12T13:10:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=228369"},"modified":"2024-01-12T18:40:14","modified_gmt":"2024-01-12T13:10:14","slug":"franklin-templeton-breaks-records-with-lowest-bitcoin-etf-fee-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/franklin-templeton-breaks-records-with-lowest-bitcoin-etf-fee-crypto-news\/","title":{"rendered":"Franklin Templeton Breaks Records With Lowest Bitcoin ETF Fee – Crypto News"},"content":{"rendered":"

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In a groundbreaking move, the Spot Bitcoin ETF issuer Franklin Templeton reduced its fee, setting the record for the lowest fee among its competitors. The filing, dated January 12, suggests that the firm has decided to lower its annual Bitcoin ETF fee from 0.29% to 0.19%.<\/p>\n

Franklin Templeton Files For Record-low Fee<\/h2>\n

In the filing<\/a> where the firm proposed a reduction of 10 basis points in the sponsor\u2019s fee, it reiterated the fee waiver for the next six months. It noted that from January 12 through August 2 this year, \u2018zero\u2019 charges would be applicable on the ETF for the first $10 billion of the fund\u2019s assets.<\/p>\n

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Earlier, Bitwise was the one that offered the cheapest fee of 0.20%, applicable after the initial six-month waiver. Moreover, ARK 21Shares and Fidelity also offer a lucrative fee of 0.25%. Whilst, Grayscale stands with the highest sponsor fee of 1.5%, down from the 2% proposed earlier.<\/p>\n

Also Read: Spot Bitcoin ETFs Debut with Over $4 Billion Trading<\/a><\/strong><\/p>\n

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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In a groundbreaking move, the Spot Bitcoin ETF issuer Franklin Templeton reduced its fee, setting the record for the lowest fee among its competitors. The filing, dated January 12, suggests that the firm has decided to lower its annual Bitcoin ETF fee from 0.29% to 0.19%. Franklin Templeton Files For Record-low Fee In the filing […]<\/p>\n","protected":false},"author":2,"featured_media":150938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-228369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=228369"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228369\/revisions"}],"predecessor-version":[{"id":228371,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/228369\/revisions\/228371"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/150938"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=228369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=228369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=228369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}