🚨🚨Invesco Galaxy sets spot Ethereum ETF fee at 0.25% in latest round of filings and Ethereum leads crypto majors in rally amid Fed Congressional testimony🏦🧐
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Issuers for the Invesco Galaxy Ethereum exchange-traded fund set its fee at 0.25% in the latest round of filings as firms seek to launch spot Ethereum ETFs. The fund disclosed its fee in an amended S-1 registration statement filed to the U.S. Securities and Exchange Commission on Tuesday.
Invesco Galaxy's fee is a bit higher than other firms that have disclosed. VanEck set its fee at 0.20% after Franklin Templeton set its at 0.19% last month.and
Ethereum led an uptick of crypto majors on Tuesday, as equity indices gained amid U.S. Federal Reserve Chair Jerome Powell's Congressional testimony.
The second largest digital asset by market cap's price increased by over 3% in the past 24 hours and was changing hands for $3,069 at 12:03 p.m. ET, according to The Block’s Price Page. Bitcoin posted a 2.5% increase, and major altcoins such as BNB and Solana increased 2.2% and 2%, respectively.
#Ethereum #topsignal #tradeplane .
note 📢;** This is not an incitement or invitation to buy or sell, just my personal view of the current conditions. All your decisions in trading are your own responsibility**.
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