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Ethereum ETF issuers may follow Bitcoin’s example and set the fee rate between 0.19% and 0.3%

Ethereum ETF issuers may follow Bitcoin’s example and set the fee rate between 0.19% and 0.3%

CointimeCointime2024/07/09 15:38
By:Cointime

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.

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