About a dozen companies, including BlackRock, Fidelity and Grayscale, sought to create bitcoin (BTC) ETFs. In recent days they’ve announced – and, in some cases, slashed – the fees they plan to charge investors, suggesting a fierce battle to collect investors’ money is ahead. These are spot ETFs, meaning they hold bitcoin itself, versus the already-approved bitcoin futures ETFs, which hold derivatives contracts tied to BTC.
Crypto App MoonPay Partners With PayPal, Enables Digital Asset Buying Through PayPal
We are the first company to do this with PayPal, and it was a long process to get them comfortable,”...