Evolve Fund Group in Canada lowered the price on its Bitcoin ETF (EBIT), to O.75% from 1%, undercutting the 1% fee of its more popular competitor, the Purpose Bitcoin ETF (BTCC).
The $14 billion iShares 20+ Year Treasury Bond ETF (TLT) has plunged 11% this year as long-dated Treasury yields climbed, fueled by building wagers on a rebound in inflation.
Despite the impact of the pandemic, 17% of ETFs launched in 2020 already have more than $100 million in assets. Investors are not waiting for a three-year anniversary to consider putting ETF money to work as they used to do with mutual funds.