Bitcoin ETFs In Europe Have Lost $500 Million This Year Europ | Bitcoin Ethereum and NFTs News 📲
Bitcoin ETFs In Europe Have Lost $500 Million This Year
European Bitcoin exchange-traded products are losing big this year after competition ramped up overseas in the form of United States-based competitors. Data from Morningstar shows that European Bitcoin funds have suffered over $500 million in net outflows since January, despite the rising demand for Bitcoin itself during that time. However, those same ETFs have also brought in unprecedented competition, creating “a new fee environment in Europe” that’s forced European issuers to lower their fees.
