Fees, or Expense Ratios, Will Help Differentiate Spot BTC ETFs

The fee, known as the expense ratio, is used to cover costs like custodial services, marketing and even salaries. According to research by Morningstar, the average fee for open-end mutual funds and exchange-traded funds was 0.37% in 2022, a lot lower than 20 years ago, for example, when it was 0.91%.