Ether ETF Battle for Supremacy Ignites as Firms Reveal Fund Fees
- Issuers propose fees for Ether ETFs, which could trade soon
- Grayscale’s mini ETF now the cheapest in cohort at 0.15%
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The battle for potential Ether ETF assets is already underway — even as the funds have yet to launch.
Issuers including BlackRock Inc., Fidelity Investments, Invesco Ltd and Bitwise Asset Management Inc. submitted paperwork with the Securities and Exchange Commission Wednesday outlining how much they would charge for their respective Ether ETFs, which would directly hold the second-largest cryptocurrency. The filings came in anticipation of the funds debuting as early as next week; the firms are still awaiting a final required sign-off from the regulator.