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BlackRock has set the annual fee on its Bitcoin income ETF at 65 basis points, a level that analysts say undercuts competing products already in the market.
The pricing decision comes as Goldman Sachs is said to be preparing its own launch in the same category, raising the stakes in what is becoming a crowded institutional race for structured $BTC exposure.
Fee Sets a New Competitive Benchmark Sixty-five basis points — 0.65% of assets annually — is the number that matters here, and analysts are flagging it as a deliberate undercut of rivals rather than a coincidence.
BlackRock, already the dominant player in spot Bitcoin ETF assets following last year's iShares product launch, is applying the same playbook it used to commoditize equity index funds: come in cheaper and let scale do the rest.
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