According to Eric Balchunas, Aptus is launching buffer ETFs with a 0.25% expense ratio, a level that is materially below the category’s typical pricing range. Source: Eric Balchunas on X, Oct 16, 2025. He notes most buffer ETFs charge 0.80%-1.00% and says he is "pretty sure" 0.25% is the lowest in the market, framing it as a significant undercut to prevailing fees. Source: Eric Balchunas on X, Oct 16, 2025. The post does not reference any crypto assets, indicating no direct BTC/ETH impact signaled by the source. Source: Eric Balchunas on X, Oct 16, 2025.