Ethereum It is also estimated that Since investors have poured $59 billion into the BTC ETF, the proportional estimate for the ETH ETF, after accounting for $10 billion already invested in Grayscale’s ETHE, is around $5 billion.
This influx of investment is anticipated to have a substantial impact, not only on ETH but on the broader altcoin market as well.Additionally, asset management firms including BlackRock, are actively preparing for the launch of their ETH ETFs. In its S-1 registration“The Sponsor’s Fee is accrued daily at an annualized rate equal to 0.25% of the net asset value of the Trust and is payable at least quarterly in arrears in U.S. dollars or in-kind or any combination thereof.
This strategic move underscores BlackRock’s commitment to establishing a competitive presence in the emerging Ether ETF market, positioning itself alongside other firms each offering varied fee structures to attract investors.As per reports, BlackRock has announced that its spot Ether ETF will charge a 0.12% fee for the first year or until it reaches $2.5 billion in net assets.Franklin Templeton’s spot Ether ETF will offer the lowest fee at 0.
The 21Shares Core Ethereum ETF will have a fee of 0.21%. Meanwhile, Fidelity and Invesco Galaxy ETFs will each offer a 0.25% fee, matching BlackRock’s standard rate after the initial period.Additionally, technical indicators such as the Relative Strength Index and Chaikin Money Flow suggest that bullish momentum is present, indicating continued optimism in the market.Ishika is a graduate of Political Science from the University of Delhi.