VanEck plans to introduce zero fees following the potential approval of the spot Ethereum ETF

VanEck intends to launch an Ethereum (ETH) ETF after potential regulatory approval, initially offering zero fees to attract investors.

This strategy, similar to early ETFs for Bitcoin , aims to increase the initial inflow of funds.

Unlike some Bitcoin ETFs, VanEck's fund will need its own acquisition process ETH , which is crucial in decentralized finance (DeFi).

VanEck will waive a 0.2% sponsorship fee on the first $1.5 billion of fund purchases or for a limited period after launch. Shares will be sold in lots of 25,000. The launch is expected in late June or early July.

VanEck is seeking SEC approval to allow buyers to receive real ETH, possibly using self-hosted wallets where the custodian will have significant insurance coverage.

The volume of the Ethereum ETF is expected to be 10-15% of that of the spot Bitcoin ETF. The launch could cause a supply shock due to the deflationary nature of ETH and high staking rates, potentially triggering a market boom.