‘Why Would I Pay These Fees?’: Kevin O’Leary Slams Spot Bitcoin ETFs

If there’s one investment “Shark Tank” star Kevin O’Leary is out on, it’s bitcoin ETFs.

Spot bitcoin ETFs secure multiple bitcoins in a digital vault, the purpose of which is to mirror the current price of bitcoins in the market.

The SEC approved 11 different spot bitcoin ETFs for trading in the U.S. on January 10.

Related: Kevin O’Leary Slams Martha Stewart’s Comments on Remote Work: ‘Nobody Wants to Work in These Places’

The O’Leary Ventures chairman spoke with Fox Business about his issues with the fees associated with purchasing the cryptocurrency from different issuers.

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