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What are the fees and expenses involved in investing in ProShares Bitcoin ETF?

avatarEtty DashaDec 17, 2021 · 3 years ago3 answers

Can you provide a detailed explanation of the fees and expenses associated with investing in ProShares Bitcoin ETF?

What are the fees and expenses involved in investing in ProShares Bitcoin ETF?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Investing in ProShares Bitcoin ETF involves certain fees and expenses. The expense ratio for this ETF is 0.95%, which means that for every $1,000 invested, you will pay $9.50 in fees annually. Additionally, there may be other transaction fees, such as brokerage commissions, that you need to consider. It's important to carefully review the prospectus and consult with your financial advisor to understand all the costs involved before investing.
  • avatarDec 17, 2021 · 3 years ago
    When investing in ProShares Bitcoin ETF, you should be aware of the fees and expenses that come with it. The expense ratio is 0.95%, which is relatively higher compared to other ETFs. This means that a portion of your investment will go towards covering the fund's operating expenses. In addition to the expense ratio, there may be other fees, such as trading fees and custodial fees. It's crucial to factor in these costs when evaluating the potential returns of the investment.
  • avatarDec 17, 2021 · 3 years ago
    Investing in ProShares Bitcoin ETF comes with fees and expenses that you should be aware of. The expense ratio of this ETF is 0.95%, which means that a small percentage of your investment will be deducted annually to cover the fund's operating expenses. In addition to the expense ratio, there may be other fees, such as brokerage fees and transaction fees. It's important to carefully consider these costs and compare them with the potential returns before making any investment decisions. Remember to do your own research and consult with a financial advisor if needed.