Wu said he has learned that Invesco and WisdomTree have reduced fees on European-listed Bitcoin ETPs by more than 60%, as US investors gain “unprecedented” access to the ETF, according to the FT. Fees on the WisdomTree Bitcoin ETP will drop from 0.95% to 0.35%, while fees on the Invesco Bitcoin ETP will drop from 0.99% to 0.39%, with these changes set to take effect by the end of the month. HanETF CEO Hector McNeil said the fee "price war" in the United States has stabilized at around 30 basis points, and below 30 basis points, issuers "cannot make money" unless they attract "billions" of assets Management scale.