Ethereum ETF issuers may set the fee rate between 0.19% and 0.3%

2024-07-09 23:03:29
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ChainCatcher news, according to CoinDesk, asset management companies Invesco and Galaxy's Ethereum spot ETF 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 cover the fund's maintenance costs, such as marketing expenses, salaries, and custodial services. Most Bitcoin spot ETF issuers have chosen rates between 0.19% and 0.30%, and Ethereum ETF issuers may do the same.

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