Franklin Templeton Launches Lowest-Fee Bitcoin ETF at 0.19% Amid Rising Competition
• Franklin Templeton launched a bitcoin ETF with the lowest fee at 0.19% to attract investors • 11 spot bitcoin ETFs began trading in the U.S. after SEC approval, with higher first day volume than expected • Franklin Templeton lowered its fee from 0.29% to 0.19% overnight to have the lowest fee among bitcoin ETFs • Bitwise has the next lowest fee at 0.2%, while Grayscale's Bitcoin Trust has the highest at 1.5% • There is expected strong demand for spot bitcoin ETFs over time as more investors want exposure to digital assets