Bloomberg Analyst: ARK Invest Bitcoin Spot ETF Sponsor Fee Rate is 80 basis points
By:Cointime
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On November 20th, Bloomberg analyst Eric Balchunas announced on his social media platform that the updated Bitcoin spot ETF application by ARK Invest has added a Sponsor Fee rate, which is 80 basis points or 0.8%. This is the first Bitcoin spot ETF to disclose its Sponsor Fee rate.
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