Bitcoin ETF fee war spreads to Europe

January 23, 2024--Invesco and WisdomTree reduce fees on European-listed ETPs by more than 60%
Invesco and WisdomTree have slashed fees by more than 60 per cent on European bitcoin products as an "unprecedented" number of new exchange traded funds have become available to US investors.

The US Securities and Exchange Commission approved spot bitcoin ETFs this month from the likes of BlackRock, Fidelity and Invesco.

This has led to an "unprecedented supply of new products" for US investors, said Gary Buxton, Invesco head of ETFs for Europe, the Middle East and Africa, and Asia Pacific.

ESAs warn of risks from economic and geopolitical events

September 10, 2024--The three European Supervisory Authorities (EBA, EIOPA and ESMA-ESAs) today issued their Autumn 2024 Joint Committee Report on risks and vulnerabilities in the EU financial system. The Report underlines ongoing high economic and geopolitical uncertainties.