Invesco appoints JP Morgan and Virtu Americas as authorized dealers for its spot Bitcoin ETF, which will charge no fees for the first 6 months
On December 30th, James Seyffart, an ETF analyst at Bloomberg, posted on social media that Invesco US and Galaxy Digital have submitted the latest revised S-1 document for their spot Bitcoin ETF, designating JP Morgan Securities and Virtu Americas as authorized participants for the ETF's spot Bitcoin trading. The ETF will not charge agent fees (Sponsor Fee) for the first 6 months after its launch, while the ETF itself has a designated agent fee of 0.59%.
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