Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
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.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

BTC falls below $91,000

Cointime2024/11/16 12:44

ETH breaks through $3,200

Cointime2024/11/16 12:44

BNB breaks above $630

Cointime2024/11/16 12:44

FIL breaks through $4.5

Cointime2024/11/16 12:44