Ethereum ETF issuers may follow Bitcoin’s example and set the fee rate between 0.19% and 0.3%
Odaily2024/07/09 15:25
By:Odaily
Odaily News The spot Ethereum ETFs of asset management companies Invesco and Galaxy will charge investors a management fee of 0.25%, 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 the maintenance of the fund, such as marketing expenses, salaries and custody services. Most issuers of spot Bitcoin ETFs choose a fee rate between 0.19% and 0.30%, and Ethereum ETF issuers may do the same. (Coindesk)
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