According to Foresight News, Global X ETFs, a provider of exchange-traded funds in the United States, has temporarily reduced the fees for two physically-backed cryptocurrency ETPs to zero. Until January 3, 2025, no fees will be charged for its Global X Bitcoin and Ethereum ETPs, after which the fees will be set at 0.29%. These two products were initially listed in March 2022 on the Xetra exchange in Frankfurt and the Swiss Stock Exchange in Zurich, with a total expense ratio of 0.65%.