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Q: Hello
I guess you knew someone was going to ask this. Of the new 11 spot bitcoin US ETFs newly approved, which three have the lowest MERs and what would your three favorites be and why if you have any?
Thanks
jeff
Asked by JEFF on January 11, 2024
5i Research Answer:

The three ETFs with the lowest MERs at this time are: BITB, ARKB, and FBTC. All three are offering 0.0% fees until either a timeframe has passed (6 months) or $1B in AUM has been reached. After that, the fees for each are 0.20%, 0.21%, and 0.25%, respectively.

However, Blackrock's ETF (IBIT) is also at a low MER of 0.25%, however, for the first 12 months or $5B in AUM its fee is 0.12%.

While it is still early, we would prefer IBIT, FBTC, or ARKB.