According to BlockBeats, on August 6, VanEck released a promotional video for its spot Ethereum ETF, ETHV, on social media, announcing that its management fees are currently set at zero.

VanEck also highlighted that investing in the VanEck Ethereum ETF involves significant risks and may not be suitable for all investors. The trust fund is not registered as an investment company under the Investment Company Act of 1940, nor is it a commodity pool as defined by the Commodity Exchange Act, thus offering less protection for investors.