Ethereum ETF issuers may follow Bitcoin's lead and set rates between 0.19% and 0.3%
2024-07-09 15:33:52
Asset managers Invesco and Galaxy's spot Ethereum ETF will charge investors a management fee of 0.25%, slightly higher than the 0.20% VanEck disclosed last month. The analysis believes 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 rate between 0.19% and 0.30%, and Ethereum ETF issuers may do the same.
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