Crypto: What to consider about spot bitcoin ETF fees
01/09/2024 05:51
The Securities and Exchange Commission's (SEC) deadline for a pending spot bitcoin ETF is this week, Wednesday, January 10. How are firms readying themselves to offer digital assets to customers in the likeliness of an approved bitcoin (BTC-USD) ETF? Seoyoung Kim, Finance Professor at Santa Clara University's Leavey School of Business, joins Yahoo Finance Live to talk about the bidding war that could ensue over management fees for these ETFs. "It all comes down to who do you trust the most in terms of having the expertise to get a proper custodian in place and also who the authorized participants, or the APs, are going to be," Kim says, weighing BlackRock's management expertise against its fees. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
The Securities and Exchange Commission's (SEC) deadline for a pending spot bitcoin ETF is this week, Wednesday, January 10. How are firms readying themselves to offer digital assets to customers in the likeliness of an approved bitcoin (BTC-USD) ETF?
Seoyoung Kim, Finance Professor at Santa Clara University's Leavey School of Business, joins Yahoo Finance Live to talk about the bidding war that could ensue over management fees for these ETFs.
"It all comes down to who do you trust the most in terms of having the expertise to get a proper custodian in place and also who the authorized participants, or the APs, are going to be," Kim says, weighing BlackRock's management expertise against its fees.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.