Competition Intensifies for Ethereum ETFs as Eight Issuers Reveal Management Fees

As the July 23 deadline for launching spot Ethereum ETFs approaches, asset management firms have revealed their management fees, signaling potential approval by the SEC.

BlackRock plans to charge a 0.25% fee for its ETHA ETF, with a potential reduction to 0.12% for the first 12 months or until $2.5 billion in assets are reached.

Franklin Templeton offers the lowest fee at 0.19%, while Bitwise and VanEck set theirs at 0.20%.

The 21Shares Core Ethereum ETF will charge 0.21%, and both Fidelity and Invesco Galaxy will match BlackRock’s 0.25% fee.

Several issuers plan fee waivers initially, with specific conditions.

Grayscale announced the Grayscale Ethereum Mini Trust with a 0.25% fee and will use 10% of assets from its spot Ethereum ETF for this trust, providing $1 billion in seed funding.

Expected inflows into Ethereum ETFs are anticipated to boost ETH's price, with historical data suggesting significant market cap increases following similar Bitcoin ETF launches.

ETH is currently trading at $3,460, showing slight recent declines but an overall increase of 8% over the past week.

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