According to Odaily, the Australian Bitcoin ETF, IBTC, has announced an adjustment to its annual management fee. Starting from July 15, 2024, the fee will be set at 0.5%. In addition, eligible physical applicants can enjoy a full rebate on the management fee, which will be valid until December 31, 2024. Furthermore, IBTC will also return 0.29% of the management fee to eligible proposed customers. This move is part of the company's efforts to provide more benefits to its customers and attract more investors to its platform. The rebate and return of management fees are expected to incentivize more participation in the ETF, thereby increasing its overall market presence.