Financial Giants Submit Revised S-1 Registration Statements

According to BlockBeats, following VanEck's submission of a revised S-1 registration statement, 21Shares, BlackRock, Fidelity, Franklin Templeton, and Grayscale also submitted their amended S-1 registration statements before the deadline.

VanEck announced it would waive the fees for its spot Ethereum ETF from the outset. On the other hand, Franklin Templeton set its fees at 0.19%. Some issuers, including BlackRock, have not yet set their fees.

These revised S-1 registration statements are a crucial step for these financial giants as they navigate the evolving landscape of cryptocurrency investments. The waiver of fees by VanEck and the competitive fee set by Franklin Templeton highlights the growing competition in this sector. The absence of set fees from some issuers like BlackRock indicates that the pricing strategies in this new investment field are still being developed.