Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; 'Potential Fee War' Unfolding, Says Analyst
James Seyffart, senior ETF analyst at Bloomberg Intelligence, noted a "potential fee war" unfolding between issuers, with Harvest waiving all fees for the first six months. After the initial period, it will charge 0.3% for both its spot BTC and ETH funds, undercutting the Bosera-HashKey funds' 0.6% and ChinaAMC's 0.99% management fees.