CoinWorld.net April 16 News: Bloomberg ETF analyst Eric Balchunas commented on the statement, “Charles Schwab will gradually open cryptocurrency spot trading services to retail clients over the coming weeks.” He said Schwab’s crypto spot trading pairs are attractive to beginners, but compared with direct trading with a fee rate of about 75 bps, the cost of buying a crypto ETF is only about 2 bps, making it more competitive. Although ETFs have an annual management fee and directly holding coins has no ongoing costs, unless you plan to hold them long term (more than 5 years), ETFs still offer a cost advantage in most investment scenarios.

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