Invesco designated JP Morgan and Virtu Americas as authorized dealers for its Bitcoin spot ETF, and will not charge any transaction fees for the first 6 months

ChainCatcher news, Bloomberg ETF analyst James Seyffart posted on social media that Invesco US and Galaxy Digital have submitted the latest revised S-1 filing for their Bitcoin spot ETF, designating JP Morgan Securities and Virtu Americas as the authorized participants for their Bitcoin spot ETF.

It is reported that the ETF will not charge a sponsor fee for the first 6 months after its launch, while the sponsor fee set for the ETF itself is 0.59%.