What is the expense ratio of the Direxion Bitcoin ETF?

3 answers

• Janice WisesSep 03, 2021 · 4 years ago
  The expense ratio of the Direxion Bitcoin ETF is an important factor to consider when investing in this ETF. The expense ratio represents the annual fee charged by the fund to cover operating expenses. It is expressed as a percentage of the fund's average net assets. The expense ratio of the Direxion Bitcoin ETF is currently 0.95%, which is relatively low compared to some other Bitcoin ETFs. However, it's always a good idea to compare the expense ratios of different ETFs before making an investment decision.
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• cabbage dogAug 12, 2022 · 3 years ago
  When it comes to the expense ratio of the Direxion Bitcoin ETF, investors will be pleased to know that it is relatively low compared to other Bitcoin ETFs. The expense ratio is an important consideration as it directly affects the overall return on investment. With an expense ratio of 0.95%, the Direxion Bitcoin ETF offers a cost-effective option for investors looking to gain exposure to Bitcoin through an ETF. It's worth noting that expense ratios can vary among different ETFs, so it's important to carefully evaluate the fees and expenses associated with each ETF before making a decision.
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• ilovemathJun 24, 2024 · a year ago
  The expense ratio of the Direxion Bitcoin ETF is currently 0.95%. This means that for every $1,000 invested in the ETF, investors will pay $9.50 in annual fees. While this expense ratio is relatively low compared to some other Bitcoin ETFs, it's important to consider other factors such as performance, liquidity, and risk before making an investment decision. It's always a good idea to consult with a financial advisor or do thorough research before investing in any ETF, including the Direxion Bitcoin ETF.
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