Fidelity International has the cheapest Bitcoin ETP in Europe.

The Fidelity Physical Bitcoin Exchange-Traded Product (FBTC) will list on the Frankfurt Stock Exchange and Deutsche Boerse and will have a 0.75% expense ratio. To put this expense ratio into perspective, Grayscale Bitcoin Trust (OTC: GBTC) is the most prominent crypto fund in the United States with a 2% fee. The fund will be physically backed, which means it will own actual Bitcoin, and it plans to trade on the SIX Swiss Exchange soon.
Furthermore, according to ETF Stream, Fidelity International claimed it established FBTC in response to a good poll that revealed that 70% of institutional respondents plan to participate in digital assets in the future. The goal of FBTC is to provide a solution for those future requirements.
Bitcoin is currently trading at $44,200, up 4% on Tuesday and up 34.5 percent from its latest low on January 24. The cryptocurrency is trying to recapture the $45,000 level and is currently trading at $44,200. Furthermore, while Bitcoin has recently been heading upward, it is still down 35.5 percent from its record high of $69,000 set on Nov.

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