According to WuSaid, according to an updated S-1 filing submitted to the U.S. Securities and Exchange Commission (SEC) on Friday, Franklin Templeton's Ethereum ETF charges customers only 0.19% per year, which is much lower than the rates assessed by global competitors that have already gone live. The fund also promises to waive all sponsor fees for the first $10 billion in the first six months after its launch.
Bloomberg ETF analyst Eric Balchunas said that most Ethereum spot ETFs in other countries or tools have fee rates of more than 1%, and the U.S. ETF market is known for its fierceness, which is why most new investor funds flow here.
