What is the expense ratio of the first trust bitcoin strategy ETF?

1 answers

• Nov 26, 2021 · 3 years ago
  The expense ratio of the first trust bitcoin strategy ETF is 0.95%. This means that investors will be charged 0.95% of their investment as fees each year. The expense ratio is an important factor to consider when choosing an ETF, as it directly affects the overall return on investment. It includes various costs associated with managing the fund, such as administrative fees, legal fees, and operational expenses. The expense ratio is calculated by dividing the total expenses of the fund by its average net assets. It's worth noting that a higher expense ratio doesn't necessarily mean better performance, so investors should carefully evaluate the fund's historical performance, investment strategy, and other factors before making a decision.
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