Ether ETF Battle for Supremacy Ignites as Firms Reveal Fees (2)

July 18, 2024, 10:12 PM UTC

The battle for potential Ether ETF assets is already underway — even as the funds have yet to launch.

Issuers including BlackRock Inc., Fidelity Investments, Invesco Ltd and Bitwise Asset Management Inc. submitted paperwork with the Securities and Exchange Commission Wednesday outlining how much they would charge for their respective Ether ETFs, which would directly hold the second-largest cryptocurrency. The filings came in anticipation of the funds debuting as early as next week; the firms are still awaiting a final required sign-off from the regulator.

BlackRock said it would charge 0.25% for its yet-to-launch product, though it’s issuing ...

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