Ang Fidelity at Galaxy Digital ay nakikipagkumpitensya sa mga bayarin sa transaksyon sa ETF
As the Securities and Exchange Commission is heading towards the approval of the first Bitcoin spot ETF in the region, companies started competing by refiling their updated lower transaction fees. In the last two weeks of December 2023, Fidelity and Galaxy Digital significantly changed their transaction fees for spot ETFs. The tug-of-war between the giants has stirred the market and built a positive environment, leading to a surge in the market. Back-to-back ETF filing shows companies keen interest in the entry into crypto. As per analysts, a significant spike in the price of Bitcoin was seen when global leading company BlackRock announced its announcement to enter crypto. The approval of spot ETF will allow the users to trade (buy, sell) their favorite crypto token, as per their financial status. ETF approval is expected to fuel the adoption of crypto globally as it will enable crypto enthusiasts to hold crypto tokenscoins in smaller amounts as per their funds and needs. Other News Related to ETFs As per the available data, the U.S. SEC has rejected dozens of spot Bitcoin ETFs in the past few years, highlighting the concern of vulnerability and other popular manipulations in the crypto market. The Securities and Exchange Commission of the United States