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What are the fees and expenses associated with the Veneck Bitcoin ETF?

avatareylulcobanDec 25, 2021 · 3 years ago3 answers

Can you provide more details about the fees and expenses that are associated with the Veneck Bitcoin ETF? I would like to understand the costs involved in investing in this ETF.

What are the fees and expenses associated with the Veneck Bitcoin ETF?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The fees and expenses associated with the Veneck Bitcoin ETF include an expense ratio of 0.75%. This means that for every $1,000 invested in the ETF, you would pay $7.50 in fees annually. Additionally, there may be other transaction costs, such as brokerage commissions, that you need to consider. It's important to carefully review the prospectus of the ETF to understand all the costs involved before making an investment decision.
  • avatarDec 25, 2021 · 3 years ago
    Investing in the Veneck Bitcoin ETF comes with certain fees and expenses. The expense ratio of the ETF is 0.75%, which means that a portion of your investment will go towards covering the fund's operating expenses. In addition to the expense ratio, there may be other costs associated with buying and selling the ETF, such as brokerage commissions. It's important to factor in these costs when considering investing in the Veneck Bitcoin ETF.
  • avatarDec 25, 2021 · 3 years ago
    The Veneck Bitcoin ETF has an expense ratio of 0.75%, which covers the fund's operating expenses. This fee is deducted from the fund's assets and is reflected in the ETF's net asset value. In addition to the expense ratio, there may be other costs involved in investing in the ETF, such as brokerage commissions. It's important to carefully consider these fees and expenses before investing in the Veneck Bitcoin ETF.