Progress of U.S. Ethereum Spot ETF: Rates gradually exposed, securities registration application submitted

This site (120BTC.coM): As the Ethereum spot ETF is getting closer to being approved for listing in the United States, the fee rates of various funds have also been exposed one after another.

According to the latest submitted documents, the "Invesco Galaxy Ethereum ETF" jointly launched by Invesco and Galaxy Asset Management has set the fee at 0.25%, which is higher than VanEck and Franklin Templeton ( Franklin Templeton charges even more.

Among the eight Ethereum spot ETFs to be approved, only three have disclosed fee levels. Franklin Templeton set the fee at 0.19% last month; while VanEck said it would charge a fee of 0.20%.

Bloomberg ETF analyst Eric Balchunas said earlier: "Issuers have not yet been required to publish rates. It is expected that the U.S. SEC will provide feedback and guidance on the revised registration statement (S-1 Form) in a short period of time, and then The documents will be sent back and fees and other details will be filled in, and then you can start trading." Eric Balchunas further revealed that he "guessed" that the Ethereum spot ETF is expected to be listed on July 18, but due to the SEC's plan. It's not clear yet, so he emphasized that this is only a preliminary estimate and there is no conclusive conclusion.

On the other hand, BlackRock, Invesco Galaxy, and VanEck have currently submitted securities registration applications (Form 8-A12B) for Ethereum spot ETFs to the U.S. Securities and Exchange Commission (SEC), which means that once approved , the product can be traded on the exchange.

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