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Fee changes and future prospects of spot Bitcoin ETFs
The chapter explores the recent fee changes in spot Bitcoin ETFs, with initial fees decreasing and speculation of further changes to come. The potential impact of fee waivers as a competitive advantage and the profitability of issuers are also discussed. Additionally, the push for in-kind creation in the Bitcoin ETF market and its benefits for major players are highlighted.
It’s set to be a historic week in crypto, with the SEC widely expected to finally approve a spot Bitcoin ETF, although it’s not a 100% certainty. Two Bloomberg analysts who have followed all the developments closely since the beginning, James Seyffart and Eric Balchunas, join Unchained to discuss the final filings, the likely schedule, and whether all the applications are likely be approved on the same day. Then they dive into the real action: the cutthroat wars that have already begun, why Grayscale might be keeping its fees on the Grayscale Bitcoin Trust so high, and who the likely winners in what has traditionally been a “winner take most” category will be.
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