Are there any fees associated with the Galaxy Bitcoin ETF in Canada?

3 answers

• Jan 14, 2022 · 3 years ago
  Yes, there are fees associated with the Galaxy Bitcoin ETF in Canada. Like most ETFs, this one charges a management fee to cover the costs of running the fund. The exact fee amount may vary, so it's important to check the latest prospectus or consult with your financial advisor for the most up-to-date information. Additionally, there may be other fees such as trading fees or brokerage fees when buying or selling the ETF.
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• Jan 14, 2022 · 3 years ago
  Absolutely! The Galaxy Bitcoin ETF in Canada does have fees. These fees are necessary to cover the expenses of managing the fund and providing investors with exposure to Bitcoin. It's important to consider these fees when evaluating the potential returns of the ETF. Make sure to review the prospectus or consult with a financial professional to get a clear understanding of the fees involved.
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• Jan 14, 2022 · 3 years ago
  Yes, the Galaxy Bitcoin ETF in Canada does have fees. According to BYDFi, the management fee for this ETF is currently 1%. This fee covers the costs of managing the fund and providing investors with exposure to Bitcoin. It's important to note that there may be additional fees such as trading fees or brokerage fees when buying or selling the ETF. Make sure to consider these fees when making your investment decision.
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