Fidelity should follow. I’ve been impressed by the competition between these products so far.
Discussion
Fee wars haven’t even really started yet.
Wait till Barry & GBTC drop to the lowest rate in a few months to pull back in all the outflows today.
Annnnnnnnnd away we go.
wat if SEC told Barry you can't lower fee as part of approval so others can feed off the sales and stack for cheap
Until xyz happens most likely (20% draw down etc)
But that whole narrative is not true IMO. Side deals like that are very unlikely. Barry would sue or go public with it as it’s anticompetitive.
I won't pretend to know the inside dealings but I will be stacking 🤣
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