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What is the expense ratio of the Valkyrie Bitcoin Strategy ETF (BTF) and how does it compare to similar funds?

avatarcabbage dogDec 25, 2021 · 3 years ago3 answers

Can you provide more information about the expense ratio of the Valkyrie Bitcoin Strategy ETF (BTF) and how it compares to other similar funds?

What is the expense ratio of the Valkyrie Bitcoin Strategy ETF (BTF) and how does it compare to similar funds?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The expense ratio of the Valkyrie Bitcoin Strategy ETF (BTF) is 1.25%. This means that for every $1,000 invested in the fund, you will pay $12.50 annually in fees. Compared to similar funds, BTF's expense ratio is slightly higher than the industry average of 1%. However, it offers a unique investment strategy focused on Bitcoin, which may justify the slightly higher expense ratio for some investors.
  • avatarDec 25, 2021 · 3 years ago
    The expense ratio of the Valkyrie Bitcoin Strategy ETF (BTF) is 1.25%. This is considered to be on the higher side compared to similar funds in the market. However, it's important to note that BTF offers a specialized investment strategy focused on Bitcoin, which may attract investors who are specifically looking to gain exposure to the cryptocurrency market.
  • avatarDec 25, 2021 · 3 years ago
    The expense ratio of the Valkyrie Bitcoin Strategy ETF (BTF) is 1.25%. While this may seem higher than some other funds, it's important to consider the unique investment strategy offered by BTF. The fund is designed to provide exposure to Bitcoin and its performance may not directly correlate with other similar funds. Investors should carefully evaluate the expense ratio in relation to their investment goals and the potential returns offered by BTF.