Urgent! Blackrock Bitcoin ETF Spot Trading Fees Finally Revealed

<p>&nbsp;BlackRock has set a fee of 0.30% for its planned bitcoin exchange-traded fund (ETF). What is interesting is that the fees charged are lower than those charged by some competing companies.</p><p><br /></p><p>The asset manager most recently disclosed fees for its iShares Bitcoin Trust on Monday. By comparison, Valkyrie Investments and Fidelity charge 0.80% and 0.39%, respectively, for their spot bitcoin ETFs.</p><p><br /></p><p><br /></p><p>The bitcoin ETF race has intensified with more than twenty competitors, including crypto players like Grayscale and traditional financial giants including BlackRock, vying for a share of the crypto market.</p><p><br /></p><p>Excitement in the investment instrument has fueled a surge in bitcoin prices and helped stabilize confidence in an industry that began to falter following the stock exchange collapse of FTX in November 2022.</p><p><br /></p><p>The ARK 21Shares Bitcoin ETF, another proposed ETF, was also among those that set a fee of 0.25% on Monday. BTC price recently traded up 1.69% to trade at $45,103.80</p>