🎉Asset managers are racing to the finish line with revised proposals for an Ethereum ETF! VanEck, BlackRock, Grayscale, and Invesco Galaxy Digital have updated their S-1 Registration Statements with the SEC. Fidelity also jumped into the fray with a new S-1 form. VanEck's filing revealed a 0.20% management fee, putting a bit of pressure on BlackRock to keep its fees low. The S-1 approval is one of the final steps before these funds make their Wall Street debut, expected in early July. Meanwhile, Fidelity disclosed a $4.7 million seeding at $38 per share by FMR Capital. The race is on! 🏁