"Franklin Templeton's Bitcoin ETF Fees Slashed to 0.19% Amid AUM Milestone"
TL;DR Summary
Franklin Templeton's Bitcoin ETF has become the cheapest among new investment products after reducing its fee from 0.29% to 0.19%, surpassing Bitwise's 0.2% fee. The fund manager will also waive fees until the fund reaches $10 billion in assets under management. The reduction comes as several providers quickly adjusted their fees in anticipation of market share competition following ETF approvals, with Bitcoin ETFs recording $4.6 billion in trading volume on Thursday.
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