Today, the U.S. Securities and Exchange Commission (SEC) approved the application of 9 spot Ethereum ETFs, marking another important milestone for cryptocurrencies!!!

However, the milestone of Ethereum spot ETF passing did not seem to bring a bullish effect to ETH. After the news was exposed, it fell to $3,422 in the early morning!!! Whether Ethereum ETF will fall first and then rise like Bitcoin spot ETF when it was passed is worth our continued attention.

Fee information of Ethereum spot ETF:

BlackRock: ETHA, 0.25% fee (0.12% for the first $2.5 billion or the first 12 months);

Fidelity: FETH, 0.25% fee (0% in 2024);

Bitwise: ETHW, 0.20% fee (0% for the first $500 million or the first 6 months);

21Shares: GETH, 0.21% fee (0% for the first $500 million or the first 6 months);

VanEck: ETHV, 0.20% fee (0% for the first $1.5 billion or the first 12 months);

Invesco x Galaxy: QETH, 0.25% fee;

Franklin: EZET, 0.19% fee (0% before January 31, 2025 or the first $10 billion);

Grayscale Ethereum spot ETF: code ETHE, fee is 2.50%; Grayscale Ethereum spot mini ETF: code ETH, fee is reduced from 0.25% to 0.15% in the table below (0.12% for the first $2 billion or the first 12 months) #以太坊ETF批准预期