If there is approval this week of the Bitcoin Spot ETF, the fee wars are heating up.
Both Blackrock and Ark have taken very aggressive approaches.
This is going to get interesting for Grayscale who, as of this moment, is completely uncompetitive with what they are charging.
I have seen estimate that just the revenue from fees this year could be 500million to 1 billion.
Well looking at the fee structures, it would take a lot going into the ETFs but I would not be surprised.
We could see tens of billions rolling into these funds.
Hmmm, that is a great amount, let's hope for the best and see
Blackrocks ETF are going to cost a lot because they'd take those fees as part of fund management load. I wonder if govt aroound the world start their own chain and show us bitcoin on face but run the transaction of their own and not be transparent? i mean for funds they don't have to show txn on ledger.