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Don't remind me again today

Wall Street just dropped a bombshell: a major investment bank's scooping up Innovator ETFs for a cool $2 billion. Here's why this deal's turning heads—these Buffer ETF products only manage $28B in assets, but get this: they're pulling 80 basis points in fees. That's a money printer in an industry race-to-the-bottom on costs. For the acquiring bank? This is their comeback play. They've been weirdly under the radar lately, especially after bringing in that JPM hotshot. Now they're back in the game with a revenue-generating machine that prints cash while everyone else fights over fractions of a percent.

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quietly_stakingvip
· 14h ago
80 basis points? Ha, how tough must it be to still charge like this in this era?
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BitcoinDaddyvip
· 14h ago
An 80bp fee rate? It's truly outrageous in this era of fee competition; buying this thing is purely for that bit of stable cash flow.
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HallucinationGrowervip
· 14h ago
An 80 bps rate? This is the truth of Wall Street, no wonder everyone is scrambling.
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