Fidelity Reduces Fees For Canadian Bitcoin ETF To Match BlackRock

According to Odaily, Bloomberg ETF analyst Eric Balchunas reported on the X platform that Fidelity has reduced the fees for its Canadian Bitcoin ETF to 32 basis points. This move aligns with BlackRock's recent launch of a similar product in Canada at the same fee rate. Currently, both companies offer the lowest fees in the market. This development indicates that U.S. issuers are bringing competitive strategies to the Canadian market.