The fee, known as the expense ratio, is used to cover costs like custodial services, marketing and even salaries. According to research by Morningstar, the average fee for open-end mutual funds and exchange-traded funds was 0.37% in 2022, a lot lower than 20 years ago, for example, when it was 0.91%.

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• Source: https://www.coindesk.com/business/2024/01/05/bitcoin-etf-fees-will-play-critical-role-in-the-race-to-popularity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines