Tens of Millions of Dollars of BTC Entered the Lowest Cost Bitcoin ETF

Bitwise Bitcoin ETF (BITB), which has the lowest fund management fee, bought more than a thousand Bitcoins yesterday.

According to information provided by the blockchain data platform Arkham Intelligence, the spot Bitcoin ETF established by Bitwise was launched yesterday. 1,352 Bitcoins worth $55.7 million There was an entrance.

In total held at BITB 10 thousand 152 Bitcoins value in dollars $404.1 million happened.

Bitwise, With 0.20% fund management fee keeps the cost of the fund lower than other issuers. The company also to the 1 billion dollar threshold until you reach for the first six months The fund does not charge management fees.

With 1.5% fund management fee most costly fund yesterday from the fund of Grayscale, which operates Bitcoin worth more than $640 million output.

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