I spoke too soon re: low-water mark!
Ark and 21Shares are going 0.25% and *NO FEE* for the first six months or until $1 billion in assets
these are very, very low numbers
BLACKROCK’S FEE is finally listed
final fee is 30bp,
BUT 20 bps in first 12 months or until the first $5 billion in assets
that’s the new low-water mark
ahem -- NEWS
starting today, I'll be anchoring 10-11am ET solo on
@BloombergTV
daily! you can expect a sharper focus on the equity market, single-stock stories and C-suite conversations
pls tune in and send jokes
see you @ 10am!
✨👽✨
BlackRock's $IBIT is the first US spot Bitcoin ETF to cross the $1 billion inflow threshold w/ yesterday's $371m
Fidelity's $FBTC in second place w/ $881 million overall