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Rush to low fees spurs bitcoin ETF competition as leading fund hits $10bn asset mark

Photo: Getty Images

Carmen Cracknell

2 min read
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The launch of spot bitcoin ETFs following the SEC’s approval in January has sparked fierce competition on trading fees.

In the past week, BlackRock’s Bitcoin ETF has been attracting hundreds of millions of inflow each day, more than any other bitcoin ETF.

In fact, no other ETF in history has reached such an asset level that quickly, Blockworks said this week, after BlackRock’s iShares Bitcoin Trust

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