Fidelity, a leading digital asset management firm, has announced the reduction of fees on its Bitcoin Exchange-Traded Product (ETP) in Europe, aiming to attract the interest of institutional and retail investors.

According to the information provided by Senior Bloomberg ETF Analyst Eric Balchunas on February 14, Fidelity Bitcoin ETF joined the broader trend in the ETF space, reducing fees on its products tied to digital assets.

Fidelity cut the fee on its spot bitcoin ETF in Europe from 75bps to 35bps (a serious fee cut by any standards, shows Fidelity playing long game, morphing into Terrordome warrior) as the US fee war spreads around world h/t @psarofagis https://t.co/SHAsefyNwj

— Eric… Read more on bitcoinnews