Ethereum ETF issuers may follow Bitcoin’s example and set the fee rate between 0.19% and 0.3%
Asset management companies Invesco and Galaxy will charge investors a management fee of 0.25% for their spot Ethereum ETF, slightly higher than the 0.20% disclosed by VanEck last month. Analysts believe that the management fee is used by the issuer to pay for fund maintenance expenses, such as marketing expenses, salaries, and custody services. Most spot Bitcoin ETF issuers choose a fee rate between 0.19% and 0.30%, and Ethereum ETF issuers may also do the same.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether CEO dishes on impact of growing competition, 'decoupling' from crypto, and commodities market
Quick Take Tether CEO Paolo Ardoino argued that increased stablecoin competition is creating a more resilient market. Ardoino sees USDT as becoming a “global payment system” less correlated to other cryptocurrencies. USDT could become more important to commodities markets, he also said.
