Asset management giants VanEck, BlackRock, Grayscale, and Invesco Galaxy Digital have submitted revised proposals for an Ethereum exchange-traded fund (ETF) to the US Securities and Exchange Commission. This follows a rule change approved in May that allows major asset managers to list and trade eight spot Ether ETFs. VanEck's filing revealed a 0.20% management fee on its Ethereum fund, while BlackRock has yet to announce its fee. Bloomberg analyst Eric Balchunas predicts the funds will launch in early July. Fidelity's updated filing disclosed a seeding of $4.7 million at $38 per share by FMR Capital.
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