๐ข Big news, crypto fans! Asset managers are racing to the SEC with revised proposals for an Ethereum ETF. ๐ VanEck, BlackRock, Grayscale, and Invesco Galaxy Digital are all in the mix, with VanEck revealing a competitive 0.20% management fee. ๐ผ BlackRock, your move!
Fidelity's also joined the party with a new filing and a $4.7 million seeding by FMR Capital. ๐
Bloomberg's Eric Balchunas predicts a Wall Street debut in early July. ๐
Meanwhile, Hashdex is eyeing a Bitcoin and Ether combo ETF. ๐ฏ
Thoughts? Comment below! ๐ #CryptoNews #EthereumETF