🤙🤙As the BTC market matures, the ETH spot ETF fund market is also facing fierce competition.
VanEck announced an attraction strategy in its S-1 amendment last Friday: fees will be waived in the short term until 2025 or when assets reach $1.5 billion. Thereafter, a 0.2% fee will be charged for the portion exceeding $1.5 billion. However, despite this positive move, VanEck's holdings in the BTC spot ETF are not large, accounting for only 1.06% of the total ETF. $BTC
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