BlackRock has lowered the fees for its bitcoin exchange-traded fund (ETF) to 0.25%.

BlockBeats reported on January 10th that according to Reuters, BlackRock, the world's largest asset manager, has lowered the proposed expense ratio for its Bitcoin ETF from 0.30% to 0.25%. During the first 12 months after the ETF is listed, BlackRock will charge a fee of 0.12% for the first $5 billion in assets under management.