The post BlackRock Ethereum ETF Goes Live for Trading! appeared first on Coinpedia Fintech News

A day after the SEC’s approval of the S-1 submission for Spot Ethereum ETF, Blackrock’s iShares Ethereum Trust ETF has gone live for trading with the ETHA share now trading at $26.59 as of the opening bell. The BlackRock Ethereum ETF carries a 0.25% sponsor fee while offering a one-year waiver and a fee reduction of 0.12% on the first $2.5 billion in assets under management. BlackRock is pitching a direct competition with the Grayscale Ethereum Mini-Trust which carries a sponsor fee of 0.15%.