Invesco and Galaxy have reduced the total expense ratio of their spot Bitcoin ETF to 0.25%

According to an official announcement, Invesco and Galaxy have announced a 14 basis point reduction in the sponsorship fee for the Invesco Galaxy Bitcoin ETF (BTCO), lowering the total expense ratio from 0.39% to 0.25%. Invesco stated that it will continue to waive all asset fees up to $5 billion during BTCO's first six months of operation, effectively reducing BTCO's total expense ratio to zero basis points, and may further extend the fee waiver at its discretion.