🔥🔥🔥 MANY ORGANIZATIONS SUBMIT DOCUMENTS FOR ISSUING ETHEREUM SPOT ETF TO THE SEC
⏩ In the early morning of June 22, organizations BlackRock, VanEck, Franklin Templeton, Grayscale Investments, Invesco Galaxy, and 21Shares filed S-1 documents with the US Securities Commission (SEC) to apply for approval to issue an Ethereum ETF. spot. spot. This is the final step before these products can be traded on the stock exchange.
⏩ Among them, only Franklin Templeton and VanEck disclosed fees to investors, 0.19% and 0.2% respectively. These fees are very low compared to the fees of the Bitcoin spot ETFs approved in January, which ranged from 0.21% to 1.5%. This will create competitive pressure on other organizations that have not announced their fees.
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