Cryptocurrency Q&A
How much does fidelity bitcoin ETF cost?
How much does fidelity bitcoin ETF cost?
Sofia
Tue Jul 16 2024
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6 answers
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I'm curious to understand the financial implications of investing in the Fidelity Bitcoin ETF. Could you please elaborate on the cost structure associated with this investment? Specifically, I'm interested in knowing the initial investment amount required, any ongoing fees or commissions, and any potential taxes or other costs that investors may need to consider? Understanding these financial details is crucial for making an informed decision on whether to invest in this particular ETF. Thank you for your assistance in clarifying these points.
6 answers
KimonoGlitter
Thu Jul 18 2024
Cryptocurrency investors are facing various fee structures from various fund companies.
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Pietro
Thu Jul 18 2024
Among these, Fidelity is adopting a phased fee approach. Initially, they are offering 0% fees until July 31.
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benjamin_stokes_astronomer
Thu Jul 18 2024
However, post this date, Fidelity will increase the fee to 0.25% annually. This change means that investors will need to consider the long-term cost implications of their investment.
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CryptoGuru
Wed Jul 17 2024
Specifically, for every $10,000 invested in the Fidelity Bitcoin ETF after July 31, investors will be charged an annual fee of $25.
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CryptoElite
Wed Jul 17 2024
Along with Fidelity, other fund companies such as ARK 21Shares, Bitwise, Invesco, BlackRock, Valkyrie, and WisdomTree are also offering temporary fee waivers to attract investors.
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