CoinShares Cuts Bitcoin ETP Fees as US ETF Volumes Show Flicker of Life

[tradelikepro]

Amid weak investor demand, CoinShares announced a permanent fee reduction on its flagship Bitcoin ETP (BITC), lowering its management fee to 0.15% from its original 0.98% at launch in 2021.

CEO Jean-Marie Mognetti said the move reflects a belief that competitive pricing should be “structural, not promotional,” as firms battle for shrinking capital inflows.

In the US, spot Bitcoin ETFs showed tentative signs of renewed activity. On Friday, trading volumes rose to $3.7 billion from $2.4 billion the previous day, according to SoSoValue data. The session brought modest inflows of $88 million, though the week still closed with $315.9 million in net outflows.

After five consecutive weeks of withdrawals totaling $3.8 billion, US spot Bitcoin ETFs now sit at $4.5 billion in cumulative year-to-date outflows.

While isolated volume spikes suggest some opportunistic positioning, the broader trend remains cautious as investors reassess crypto exposure amid ongoing market uncertainty.

[mendez]

cumulative 4.5b in ytd outflows but at least the management fee is competitive now