What is BTCO's expense ratio without a waiver?

Without the waiver, BTCO’s total expense ratio is 25 bps. For creates/redeems, BTCO will be leveraging Galaxy for institutional-quality bitcoin trade execution. In comparison, most competitor ETFs will need to rely on trades placed through their custodians, potentially leading to higher costs.

What makes BTCO a good ETF?

• BTCO’s sponsor fees are waived entirely for the first six months, up to the first $5 billion in assets. Without the waiver, BTCO’s total expense ratio is 0.25%. • Galaxy provides institutional-quality trade execution. Most competitor ETFs rely on trades placed through custodians, possibly leading to a higher total cost of ownership.

Does BTCO have a sponsor fee waiver?

BTCO’s sponsor fees will be waived for the first 6 months on the first $5B in assets; after July 11, 2024, the waiver will expire unless it's renewed. Without the waiver, BTCO’s total expense ratio is 25 bps. For creates/redeems, BTCO will be leveraging Galaxy for institutional-quality bitcoin trade execution.