So you want to own Bitcoin without a Crypto wallet hassle?

Posted By on January 12, 2024

Well then there’s an ETF (Exchange Traded Fund) for that … finally. But now the decision, which one do you add to your investment portfolio? Check out this article on CNBC and chart of ETFs and fees. 

Bitcoin ETF chart

The bitcoin exchange-traded funds launching Thursday after the SEC’s long-awaited approval come at a wide variety of price points, with signs that a fee war is already underway.

The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other funds are close behind, including the Ark 21Shares Bitcoin ETF (ARKB) at 0.21% and the iShares Bitcoin Trust (IBIT) at 0.25%.

The Bitwise fund also has a temporary waiver that will eliminate the fee entirely for six months on the first $1 billion of assets. Other proposed funds have similar waivers, meaning early adopters of the bitcoin ETFs will have little or zero management cost for a brief time.



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